K Wave Media Launches ~$1M Registered Direct Offering of 526,314 Shares

K Wave Media Ltd., a Nasdaq-listed company focused on AI infrastructure and related technologies, announced today that it has entered into a definitive agreement with investors to sell 526,314 common shares at $1.90 per share in a registered direct offering, with total gross proceeds of approximately $1,000,000, excluding commissions and offering expenses. The offering is expected to close on or about August 20, 2026, subject to customary closing conditions.