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Nexus Advanced Technologies Inc.
Nexus Advanced Technologies (formerly K Wave Media) raised approximately $1 million in gross proceeds through a registered direct offering of 526,314 ordinary shares at a price of $1.90 per share. The offering closed on August 20, 2026, and the company intends to use the net proceeds for general corporate purposes, including working capital and potential business acquisitions.…more
Nexus Advanced Technologies Inc.
K Wave Media Ltd. has changed its corporate name to Nexus Advanced Technologies Inc. and its Nasdaq ticker symbol to 'NXAT'. This rebranding reflects the company's strategic shift from its legacy media business toward an AI infrastructure and advanced technology platform, effective at market open on September 9, 2026.…more
Nexus Advanced Technologies Inc.
K Wave Media Ltd.
K Wave Media has finalized a follow-on offering of 526,314 ordinary shares at $1.90 per share, with D. Boral Capital acting as the placement agent. The company expects to raise total gross proceeds of $999,996.60, with the offering closing on or about August 20, 2026. Additionally, the company confirmed on August 18, 2026, that it has regained compliance with Nasdaq's minimum bid price requirement.…more
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K Wave Media Rebrands to Nexus Advanced Technologies and Changes Ticker to NXAT…more
K Wave Media has officially changed its corporate name to Nexus Advanced Technologies and its Nasdaq ticker to NXAT to reflect its strategic pivot toward AI infrastructure. The company is transitioning from its legacy media business to focus on data centers, GPU resources, and broader AI technology investments.…more
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K Wave Media has entered into a definitive agreement to sell 526,314 shares at $1.90 per share to raise approximately $1 million. The offering is expected to close around August 20, 2026, and will result in share dilution for existing investors.…more
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K Wave Media has announced a registered direct offering of its ordinary shares to raise approximately $1.0 million in gross proceeds. This issuance of new shares may lead to shareholder dilution, which is typically viewed negatively by investors.…more
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