💥Nasdaq Issues Delisting Warning to K Wave Media $NOM

Nasdaq has issued a delisting notice to K-Pop media firm K Wave Media for not meeting the minimum market value requirement. $ZKC

The company must maintain a market value of at least $50 million for 10 consecutive trading days by June 2026 to stay listed. Earlier, K Wave Media received a $1 billion capital injection to support its Bitcoin treasury strategy, and it was also flagged this year for its stock trading below $1 for 30 straight days. To avoid delisting, the stock must rise above $1 and stay there for 10 consecutive days by July 6, 2026. $AXL