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K Wave Media Ltd. (KWM) Form 6-K — May 22, 2026

$KWMForm 6-KFiled May 22, 2026, 4:05 PM ET0001829126-26-005619Original filing

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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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.