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K Wave Media Enters into Exclusive LOI to Acquire Majority Stake in a privately held South Korean semiconductor-materials company, Advancing Its Long-Term AI Transformation Strategy

SEOUL, South Korea and NEW YORK, Aug. 04, 2026 (GLOBE NEWSWIRE) -- K Wave Media Ltd. (Nasdaq: KWM) announced it has entered an exclusive Letter of Intent (LOI) with the shareholders of a privately held South Korean