K-Pop Boyband BTS Members Cash Out $8.5 Million Worth of Hybe Shares

Ok-Pop Boyband BTS Members Cash Out $8.5 Million Worth of Hybe Shares

we evaluation for you, pricey customer Ok-Pop Boyband BTS Members Cash Out $8.5 Million Worth of Hybe Shares, as that industry is printed as an organization or enterprising entity engaged in industrial, industrial, skillful actions, firms energy tolerate a loss, nevertheless that doesn’t stop them from being a business.

Ok-Pop Boyband BTS Members Cash Out $8.5 Million Worth of Hybe Shares

  • Hybe’s founder and chairman, Bang Si-hyuk, gifted 7 BTS members shares of the corporate earlier than going public.
  • Share costs of Seoul-based Hybe hit a memoir tall of 421,500 gained ($359) on November 17 – tripling the IPO proffer charge of 135,000 gained ($115) per participate in October 2020.
  • The Ok-pop sensation is at present in Los Angeles, the place they’re holding in-person live shows for the primary time for the reason that pandemic started.

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The three members of Ok-pop boy group BTS have offered shares value practically 10 billion South Korean gained ($8.5 million) in administration company Hybe. Korean Messenger.

Members – Jin, J-Hope and RM – offered their Hybe shares in a number of common buying and selling periods between October 13 and November 9, citing a regulatory submitting, in keeping with the media outlet.

Bang Si-hyuk, Founder and Chairman of Hybe, gifted 478,695 frequent shares To the company’s group members in September 2020 earlier than the corporate went public. The 1.4% stake was distributed equally among the many seven members.

Formerly referred to as Big Hit Entertainment, the company stated the strike was to “strengthen the long-term partnership with great artists and boost morale.” Reuters.

Ok-pop sensation privilege now angels This is the primary time for the reason that pandemic started, that she is giving face-to-face live shows.

Share costs of Seoul-based Hybe hit a memoir tall of 421,500 gained ($359) on November 17 – tripling the IPO proffer charge of 135,000 gained ($115) per participate in October 2020.

They’re about 6.5% scowl on Thursday, however they’ve gained about 111% to date.

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