K Wave Media to Acquire 42.25% of Hansol Inticube, Expected to Close Q1 2026

K Wave Media entered into a binding share purchase agreement to acquire 42.25% of Hansol Inticube Co., 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. Hansol Inticube is a well-established provider of B2B ICT infrastructure, with core capabilities in AI contact centers, voice recognition, chatbots, smart solutions, and platform technologies. The company has built a stable technology foundation and customer base through large-scale deployments across the financial services, public sector, and telecommunications industries. When integrated with K Wave Media's global entertainment platforms, Hansol Inticube's AI and data capabilities are expected to drive significant innovation in customer experience, fan engagement, and IP monetization within the content and entertainment industry. For the first nine months of 2025, Hansol Inticube reported KRW 51B in revenue, which K Wave Media expects will meaningfully contribute to its consolidated financial performance and support its goal of doubling its revenue in 2026 following the transaction's completion. Following the completion of the transaction, K Wave Media plans to expand its business scope to include AI solutions, fandom-based community platforms, chatbot applications, IP monetization, data-driven content distribution, and related services, further strengthening the global competitiveness and technology-driven value chain of the K-culture ecosystem.