Wire
K Wave Media Reports 1-for-30 Reverse Stock Split
K Wave Media (KWM) said Thursday it will effect a 1-for-30 reverse stock split to help maintain compliance with Nasdaq's minimum bid price requirement for continued listing.The shares are expected to begin trading on a split-adjusted basis at market open on Aug. 3, the firm said.Shares were down over 13% in midday trading.Price: $0.09, Change: $-0.01, Percent Change: -13.72%
$KWM
