K Wave Media Ltd. (KWM) Form 20-F — May 15, 2026
K Wave Media Ltd. filed its annual report on Form 20-F for the fiscal year ended December 31, 2025, disclosing that it remains a recently formed holding company with no revenue generated to date. The company relies entirely on the operations of its subsidiaries and has 64,221,193 ordinary shares outstanding. The filing highlights significant liquidity pressures, including a Securities Purchase Agreement with Anson Funds secured by the company’s deposit accounts and 88 bitcoin holdings.
Key figures
- Shares Outstanding
- 64221193
- Bitcoin holdings
- 88 bitcoin
- Sepa capacity usd
- 500000000
- Warrant exercise price usd
- 11.5
- Play company payment due aug 2025 usd
- 13700000
- Play company payment due jan 2025 usd
- 6870000
- Play company payment due jan 2026 usd
- 6870000
AI analysis
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