K Wave Media Ltd. (Nasdaq: KWM) has entered definitive agreements to sell 526,314 ordinary shares at $1.90 each in a registered direct offering, generating gross proceeds of approximately $1,000,000 before commissions and offering expenses. The closing is expected on or about August 20, 2026, subject to customary conditions, with D. Boral Capital LLC serving as exclusive placement agent. The securities are being offered under the company’s effective Form F-3 shelf registration statement, File No. 333-297167, filed with the SEC (U.S. securities regulator) and declared effective on July 9, 2026. K Wave Media focuses on AI infrastructure, related technologies and strategic opportunities in high-growth industries. The company said the release contains forward-looking statements, including anticipated use of the net proceeds, but gave no assurance that proceeds will be used as indicated.