HYBE Deposits 29.2 Billion Won in Security with the Court

HYBE, which was ordered to pay 25.5 billion won for the stock purchase payment following the exercise of the put option by former ADOR CEO Min Hee-jin, has deposited a security with the court to prevent the provisional execution of the ruling.

According to legal circles on the 25th, it was confirmed that HYBE’s side deposited 29.25 billion won as a judicial security deposit with the Seoul Central District Court.