K Wave Media is trading at $0.13 (9% up) after shareholders approved a comprehensive recapitalization and restructuring plan at the July 10, 2026 annual general meeting.
- The AGM authorized a share consolidation of up to 30-to-1 and a significant increase in authorized preference share capital to support strategic streamlining.
- Shareholders greenlit a name change and the rescission of the Solaire transaction, marking a formal pivot toward AI infrastructure.