- Full Time Employees
- 172
- Sector
- Financial Services
- Industry
- Financial - Conglomerates
- Address
- 121 South Church Street George Town GT Cayman Islands KY1-1104
- IPO Date
- Sep 9, 2026
- Business
- Nexus Advanced Technologies Inc., formerly K Wave Media Ltd., is a Cayman Islands-incorporated company pursuing strategic investments, acquisitions and partnerships in artificial intelligence infrastructure and advanced technologies, while continuing to operate an intellectual-property content business through South Korean operating subsidiaries. The Company’s principal activities include the creation, acquisition, investment in, management, licensing, distribution and monetization of intellectual property; production, planning and sale of theatrical films, television programs, dramas, music and other Korean cultural content; sale and distribution of content-related consumer merchandise and K-pop products; production services; food and beverage product sales; and licensing of associated intellectual property. Its operations principally serve media, entertainment, consumer-product and content-distribution markets in South Korea, with content and related commercial opportunities marketed internationally. The Company was founded in 2023 and maintains its principal executive offices in George Town, Grand Cayman, Cayman Islands.
The Company has expanded its portfolio through the January 2026 acquisition of Rabbit Walk, a visual-effects, AI-powered advertising and 3D-content studio, adding visual-effects production, AI-enabled advertising services and three-dimensional content creation capabilities to its creative-content operations. It has also implemented a Bitcoin treasury strategy, including a strategic partnership with Galaxy Digital, which acts as asset manager and strategic adviser and has invested in the Company, and financing arrangements providing up to $1.0 billion of capital capacity, including up to $500 million in convertible-note financing from Anson Funds and a $500 million standby equity purchase arrangement; the Company has stated that at least 80% of net proceeds from the Anson financing are intended for Bitcoin purchases.
In September 2026, K Wave Media changed its corporate name to Nexus Advanced Technologies Inc. and changed its Nasdaq ordinary-share ticker to NXAT and warrant ticker to NXATWW, reflecting a strategic shift toward global AI infrastructure, data-center, AI-compute, GPU-infrastructure and related advanced-technology opportunities. The Company’s warrant formerly associated with K Wave Media trades under the NXATWW symbol following the rebranding.