{"id":4977,"date":"2026-02-06T00:08:56","date_gmt":"2026-02-05T15:08:56","guid":{"rendered":"https:\/\/bongonakpop.com\/?p=4977"},"modified":"2026-02-06T00:08:56","modified_gmt":"2026-02-05T15:08:56","slug":"min-hee-jin-to-launch-new-boy-group-ahead-of-%e2%82%a926-billion-put-option-verdict","status":"publish","type":"post","link":"https:\/\/bongonakpop.com\/?p=4977","title":{"rendered":"Min Hee-jin to Launch New Boy Group Ahead of \u20a926 Billion Put Option Verdict"},"content":{"rendered":"

\"Min<\/p>\n

Min Hee-jin, former CEO of ADOR, has announced the establishment of a new label, marking her official solo career path. <\/p>\n

Min Hee-jin’s new label, OK Records, officially launched on February 5, releasing 23 campaign videos that hint at the debut of a new boy group.<\/p>\n

Previously, Min Hee-jin teased the launch of OK Records by posting “2026 02 05 10AM Coming soon” along with a photo and short video on her personal account.<\/p>\n

Additionally, she mentioned plans for a boy group launch after NewJeans on a broadcast. The campaign videos formally announced auditions, adopting a wanted ad format that seeks male applicants born between 2008 and 2013, regardless of nationality.<\/p>\n

The campaign revealed audition criteria, including nationality and age, and promoted a website for detailed audition information.\"\"<\/p>\n

The timing of OK Records’ announcement for the new boy group’s launch is particularly intriguing, coming exactly one week before the final verdict in Min Hee-jin’s lawsuit against HYBE regarding a \u20a926 billion put option.<\/p>\n

The court will issue a ruling on February 12 in the lawsuit filed by HYBE against Min Hee-jin, seeking to confirm the cancellation of their shareholder contract. HYBE previously moved to cancel the contract in 2024, alleging Min Hee-jin was attempting to privatize NewJeans and ADOR.<\/p>\n

That August, HYBE’s board dismissed Min Hee-jin from her CEO position at ADOR. In November, she resigned from her director position and informed HYBE of her intention to exercise the put option.<\/p>\n

HYBE argues that it terminated the shareholder contract in July, nullifying the put option. Conversely, Min Hee-jin insists there was no violation of the shareholder agreement and that HYBE’s cancellation notice is ineffective.<\/p>\n

Both sides have been engaged in intense legal battles, and the final ruling is pending. Before the ruling, Min Hee-jin distanced herself from NewJeans by conducting an emergency press conference, alleging a NewJeans member’s family was behind the tampering allegations, further isolating her from the group.<\/p>\n

Amidst this, Min Hee-jin announced the launch of her own label, solidifying her individual career path. Many are also focused on next week’s shareholder contract lawsuit verdict with HYBE.<\/p>\n

Image source: Xportsnews, OK Records<\/p>\n","protected":false},"excerpt":{"rendered":"

Min Hee-jin, former CEO of ADOR, has announced the establishment of a new label, marking her official solo career path. Min Hee-jin’s new label, OK Records, officially launched on February 5, releasing 23 campaign videos that hint at the debut of a new boy group. Previously, Min Hee-jin teased the launch of OK Records by […]<\/p>\n","protected":false},"author":6,"featured_media":4978,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[59],"tags":[],"class_list":{"0":"post-4977","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-kpop-news"},"jetpack_featured_media_url":"https:\/\/bongonakpop.com\/wp-content\/uploads\/2026\/02\/image-51.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/bongonakpop.com\/index.php?rest_route=\/wp\/v2\/posts\/4977","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bongonakpop.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bongonakpop.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bongonakpop.com\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/bongonakpop.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4977"}],"version-history":[{"count":1,"href":"https:\/\/bongonakpop.com\/index.php?rest_route=\/wp\/v2\/posts\/4977\/revisions"}],"predecessor-version":[{"id":4979,"href":"https:\/\/bongonakpop.com\/index.php?rest_route=\/wp\/v2\/posts\/4977\/revisions\/4979"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bongonakpop.com\/index.php?rest_route=\/wp\/v2\/media\/4978"}],"wp:attachment":[{"href":"https:\/\/bongonakpop.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4977"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bongonakpop.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4977"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bongonakpop.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4977"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}