K Wave Media Ltd. (KWM) Form 6-K — May 22, 2026
K Wave Media Ltd. (2000756) announced the consummation of its acquisition of a 42.25% controlling stake in Hansol Inticube Co., an AI language and software development company, for approximately KRW 15 billion ($11.2 million USD). The transaction, executed by indirect subsidiary Playverse Co. Ltd., grants K Wave a majority of seats on the Hansol board of directors, effectively consolidating control over the target’s AI contact center and voice recognition technologies.
Key figures
- Deal Value Usd
- KRW 15,000,337,104
- Shares Offered
- 5864088
- Ownership percent
- 42.25%
- Target revenue 2025
- KRW 64,818,242,303
- Goodwill preliminary
- KRW 12,315,477,000
- Target net income 2025
- KRW 895,678,504
- Pro forma combined revenue
- KRW 142,899,162,000
- Pro forma combined net loss
- KRW (210,536,876,000)
- Intangible assets preliminary
- KRW 11,700,000,000
AI analysis
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