K Wave Media Agrees To Acquire 42.25% Stake In Hansol Inticube; Financial Terms Not Disclosed

K Wave Media Ltd. (Nasdaq: "KWM"), a global entertainment and media company, today announced that it has entered into a binding share purchase agreement to acquire 42.25% of Hansol Inticube Co., Ltd. ("Hansol Inticube"), a KOSDAQ-listed AI language and software development company, including managerial control, through K Wave Media's wholly owned subsidiary, Play Company Co., Ltd. The transaction is expected to close in the first quarter of 2026, subject to customary closing conditions.

This strategic acquisition combines K Wave Media's deep expertise in global entertainment IP and fandom-driven business models with Hansol Inticube's advanced AI, cloud, and ICT solutions, positioning K Wave Media to fundamentally transform how millions of global K-culture fans engage with artists and content. The transaction represents a key milestone in K Wave Media's evolution into an EnterTech company, integrating entertainment and technology to deliver highly personalized, data-driven fan experiences.