K Wave Media is trading at $0.09 (-8.08%) today, extending a 16.14% decline from July 20. - This follows the company's July 20 announcement of its transfer to the Nasdaq Capital Market and a 180-day extension for bid price compliance. - Shareholders also approved a potential reverse stock split and ratified restructuring efforts to strengthen the balance sheet. - The moves come as K Wave Media continues its strategic shift to AI infrastructure, abandoning its prior Bitcoin treasury plan announced in May.