Nexus Advanced Technologies Restructures Debt and Warrants With Anson Funds
The Nasdaq-listed firm formerly known as K Wave Media has reached a note repayment and warrant exchange deal with Anson Investments funds.
Nexus Advanced Technologies Inc. (Nasdaq: NXAT), the New York- and Seoul-based company formerly operating as K Wave Media Ltd., announced Monday that it has entered into a restructuring agreement with two affiliated investment funds managed by Anson Funds.
The agreement, formally titled the ATM Consent, Note Repayment and Warrant Exchange Agreement, took effect October 2, 2026. The counterparties are Anson Investments Master Fund L.P. and Anson East Master Fund L.P., referred to collectively as the Anson Funds.
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The deal restructures existing note obligations and exchanges warrants previously held by the Anson Funds, a transaction type commonly used by smaller public companies to manage near-term debt maturities and reduce dilution pressure on existing shareholders. The specific financial terms — including repayment amounts, revised maturity timelines, and the scope of any warrant repricing or cancellation — were not disclosed in the initial announcement.
Nexus Advanced Technologies rebranded from K Wave Media as part of a broader strategic repositioning. The company is listed on the Nasdaq exchange under the ticker NXAT and maintains dual headquarters in New York and Seoul, South Korea.
Continue reading at GlobeNewswire - Mergers And Acquisitions.
