These PEFs held 12.2%, 11.4%, and other significant stakes in Hybe, respectively. Under the agreement, Bang committed to repurchase the PEFs’ shares if the IPO failed within a specified ...

Hybe said on Monday that Chairman Bang Si-hyuk secured approximately 400 billion won ($285 million) during the company’s ...

It was founded in 2019, only a year before the IPO, and closed in December 2021. The FSS believes the private equity increased holdings in HYBE shares, knowing the exact timing of the IPO plans.

The group announced that it had cut ties with HYBE as of last month, reiterating that its contract ended on Nov. 28.

HYBE is reportedly facing a major setback after the popular girl group, who were at the peak of their career, announced their exit from the agency. Citing a breach of contract, all five members of ...

The Korean music label – a subsidiary of HYBE – announced on December 4 that it had filed a lawsuit with the Seoul Central District Court to confirm the validity of NewJeans’ contracts in ...

NewJeans members, parents reportedly meet with current ADOR CEO ahead of 'deadline' HYBE to report ADOR CEO Min Hee-jin to police ADOR CEO Min Hee-jin to hold press conference at 3 p.m.

“In 2018, STIC Investments came to us and strongly requested our IPO timeline, worrying about uncertainties. When we refused, they demanded a put-back option instead,” a Hybe official told The ...