K Wave Media Says SEC Clearance Opens Door To New Funding And Restarts Bitcoin Treasury Plan

Benzinga · 2d ago

K Wave Media (Nasdaq: KWM), a Korean cultural innovation and digital asset company, today provided a corporate update summarizing recent milestones and announcing a significant regulatory achievement that strengthens its capital strategy and growth trajectory.

SEC Clearance on Anson Funds Registration Statement

K Wave Media has secured SEC clearance for the Anson Funds resale registration statement, opening the door to additional capital-raising opportunities. K Wave Media believes that this clearance represents a pivotal step in reinforcing the Company's financial flexibility and restoring momentum behind its Bitcoin Treasury Plan, which had experienced delays in recent months due to the government shutdown, which lasted for more than 43 days. K Wave Media's management team believes this achievement will accelerate growth initiatives and enhance shareholder value.

Strategic Acquisition Expands Capabilities - Expected to close soon

On September 2, 2025, K Wave Media announced its first post-listing acquisition when it acquired a majority stake in Rabbit Walk, a distinguished visual effects, AI-powered advertising and 3D content studio. The acquisition of Rabbit Walk could boost its revenues by 25–30%, or approximately $20 million, over the next 12 months. The acquisition adds world-class technology companies such as Samsung, LG, TCL, and Hisense as new K Wave Media clients and strengthens K Wave Media's creative portfolio, enhances content distribution reach, and reinforces financial discipline through a performance-based share issuance mechanism. The acquisition of Rabbit Walk deal is expected to close within the next several weeks, as the applicable resale registration statement is pending SEC clearance.

Continuing Strategic Execution

  • K-IP STO Platform: Advancing development of a new financial infrastructure to tokenize profit rights of K-content IP, enabling fans and investors worldwide to participate in production and share profits. Now, a total of 44 leading IP holders have executed a Memorandum of Understanding (MOU) with the Company to utilize the IP Security Token Offering (STO) Platform upon its launch, which is expected during the second quarter of 2026.
  • Bitcoin Treasury Plan: With SEC clearance secured for Anson Funds registration statement, KWM is positioned to resume its BTC accumulation as part of its digital treasury strategy.
  • Partnerships & Investment: Galaxy Digital's recent investment in K Wave Media underscores institutional confidence in K Wave Media's vision of combining cultural content with digital finance.