Nasdaq has issued a delisting notice to K-Pop media company K Wave Media due to its failure to meet the minimum market value listing standard. The company must achieve a market value of at least $50 million for ten consecutive trading days by June 2026 to remain listed on the Nasdaq Global Market. This follows a previous notice earlier this year when K Wave Media's stock price fell below $1 for 30 consecutive days. The company had previously announced a $1 billion capital infusion to support its Bitcoin treasury strategy.