Bang Si USA BTS RM K-pop and Bang Si USA

BTS members RM, Jin and J-Hope sell HYBE stock worth over $8million

Reading now: 149
www.nme.com

BTS have sold some of their shares of HYBE for over US$8million.According to Bloomberg, BTS members J-Hope, Jin and RM recently sold a combined 31,986 shares of HYBE stock, which had netted the trio a total of approximately US$8.4million per regulatory filings.The sale of the shares took place between October 13 and November 9, a week before stock in the entertainment company had peaked at all-time-high on November 16.

At the time, the price was double of the company’s initial public offering (IPO) price from October 2020.Before the IPO, HYBE founder Bang Si-hyuk had reportedly given 478,695 shares – a 1.41% stake in the company that is now worth approximately US$165million – to the group’s seven members, split evenly, per Bloomberg.

Read more on nme.com
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA