🔴 K Wave Media is trading 11.05% down today after completing a $1 million registered direct offering

K Wave Media is trading 11.05% down now at $1.53 after completing a $1 million registered direct offering.

• The company sold 526,314 ordinary shares at $1.90 each on August 20, 2026, increasing its share count and creating potential dilution and selling pressure.
• The offering used an effective Form F-3 registration statement and generated approximately $1 million in gross proceeds.