Nasdaq Issues Delisting Notice to K Wave Media Over Market Value Concerns

Nasdaq has once again issued a delisting notice to K-Pop media company K Wave Media due to its failure to meet the minimum market value requirement. According to Odaily, the company must achieve a market value of at least $50 million for 10 consecutive trading days by June 2026 to remain listed on the Nasdaq Global Market. Previously, K Wave Media received a $1 billion capital boost to support its Bitcoin treasury strategy. Earlier this year, the company was notified by Nasdaq for having its stock price fall below $1 for 30 consecutive trading days source: https://www.binance.com/en/square/post/35495840585097?utm_source=BinanceNewsRSS