K Wave Media Ltd. (Nasdaq: KWM) ("K Wave Media," the "Company," "we," "our," or "us"), today announced that it will effect a 1-for-30 reverse stock split of its issued and outstanding ordinary shares.

The reverse stock split will become effective at 12:01 a.m. Eastern Time on August 3, 2026 (the "Effective Time"). The Company's ordinary shares are expected to begin trading on a split-adjusted basis on the Nasdaq Capital Market at the opening of trading on August 3, 2026, under the existing trading symbol "KWM." The total shares outstanding pre-split is 78,514,509.