HYBE is currently vying for voting rights from SM Entertainment’s minority shareholders.
On March 2, HYBE opened accounts on Twitter and YouTube under the handle “SMwithHYBE.”
The account has already sent out tweets stating that the company desires to be with SM Entertainment‘s shareholders, artists, and fans.
하이브가 에스엠 주주님들, 아티스트, 구성원 및 팬 분들과 함께하겠습니다.
HYBE will be with SM’s shareholders, artists, members, and fans. pic.twitter.com/LGpvbRhpCt— SM with HYBE (@SMwithHYBE) March 2, 2023
HYBE’s Shareholder Proposal
(https://t.co/Hq8BofS8Gh)SM’s Growth Direction and Shareholder Return Policy
(https://t.co/fnvovhVjQF)— SM with HYBE (@SMwithHYBE) March 2, 2023
The account’s YouTube page currently has videos explaining HYBE’s shareholder proposal and its vision for SM Entertainment’s growth, direction, and shareholder return policy.
Both accounts feature profile pictures with “SM With Hybe” stylized in HYBE’s signature font.
The account seems to have been made in direct response to videos released by SM Entertainment’s executive team as HYBE vyes for voting rights from minority shareholders in SM Entertainment ahead of the label’s general shareholder’s meeting.
HYBE Labels SM Entertainment’s Current Management As “Untrustworthy” And Requests Voting Rights From Minority Shareholders Ahead Of General Meeting
Stay tuned for updates.
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