It's been revealed that Cube Entertainment will merge with its subsidiary company Cube DC.
On August 27th, Cube Entertainment announced,"In order to increase the efficiency of the management and the synergy of both sides, we've decided to merge with Cube DC".
The merge ratio between Cube Entertainment and Cube DC will be 1:0 since Cube Entertainment owns 100& of the shares from Cube DC.
Cube DC are currently managing Rain, Shin Ji Hoon, Noh Ji Hoon and Kwak Seung Nam while Cube Entertainment have Beast, 4Minute, G.NA, BTOB, Kim Gi Ri, Oh Ye Ri, Na Jong Chan, Jo Seo Ha.
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