K Wave Media Meets Nasdaq $1 Bid-Price Rule After 10-Day Streak

KWM secured compliance after its stock closed at or above $1.00 for 10 straight sessions ending August 17, 2026. K Wave Media (KWM) has regained compliance with Nasdaq’s $1 minimum bid-price requirement, the exchange confirmed. The company’s stock closed at $1.00 or higher

KWM secured compliance after its stock closed at or above $1.00 for 10 straight sessions ending August 17, 2026.

K Wave Media (KWM) has regained compliance with Nasdaq’s $1 minimum bid-price requirement, the exchange confirmed. The company’s stock closed at $1.00 or higher for 10 consecutive business days, from August 4 to August 17, 2026.

Nasdaq’s rule mandates listed stocks maintain a minimum bid price of $1. Failure to comply can trigger delisting proceedings. KWM’s streak follows prior volatility that risked non-compliance.

No immediate market reaction was reported following the confirmation.

Leave a Reply

Your email address will not be published. Required fields are marked *