K Wave Media Becomes Nexus Advanced Technologies, NXAT

NEW YORK and SEOUL, South Korea - September 8, 2026 - K Wave Media Ltd. has officially changed its corporate name to Nexus Advanced Technologies Inc. along with its Nasdaq ticker symbol to NXAT. The corporate rebranding reflects the company's strategic transformation toward artificial intelligence infrastructure and advanced technology opportunities.

Alongside the name change, the company's ordinary shares will begin trading under the new ticker symbol NXAT, and its warrant symbol will change from KWMWW to NXATWW, effective at market open on September 9, 2026. The corporate actions do not affect shareholder rights, and existing shareholders are not required to take any action.

Key Highlights

• Corporate name changed from K Wave Media Ltd. to Nexus Advanced Technologies Inc.
• New Nasdaq ticker symbol is NXAT for ordinary shares and NXATWW for warrants.
• Strategic shift focuses on AI infrastructure, data centers, GPU resources, and the global AI economy.
• Co-CEO Myungjong Kim emphasizes the evolution from legacy media to a technology platform.