[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Aespann_jeans [@a1071364](/creator/twitter/a1071364) on x 10K followers Created: 2025-07-16 18:03:50 UTC Easy version ⸻ ✅ What happened? •Bang Si-hyuk (HYBE founder) advised investors to sell their shares three times, saying the IPO (stock market listing) might be delayed. •He did this in October 2018, June 2019, and November 2019. ⸻ ✅ October 2018 case •IPO was delayed by two years, so the risk was real. ⸻ ✅ June 2019 case •Bang Si-hyuk took on all the risk himself. •He didn’t get any extra profit (no XX% profit clause). •He agreed to buy back shares at a higher price if the IPO failed. ⸻ ✅ November 2019 case •This time, he could earn XX% of profits if it worked out. •There was also a buyback obligation if the IPO failed. •The IPO succeeded quickly, so it worked in his favor. ⸻ ✅ HYBE’s situation •At that time, it was hard to find new investors. •HYBE executives’ company ended up buying the shares. •Bang Si-hyuk took on all the financial risk. ✅ Outcome •The IPO was delayed a bit because of COVID-19 but succeeded. •It was shown that HYBE always had an IPO plan; they never said “no IPO,” only that it might be delayed. •The financial authorities confirmed HYBE was telling the truth. ⸻ ✅ Authorities’ actions •The “one-strike out” punishment rule does not apply to this case. •The Securities and Futures Commission (SFC) couldn’t clearly prove wrongdoing, so they passed it to the prosecution to decide. ⸻ 💡 Overall point Bang Si-hyuk took real risks himself. There was no evidence of lying about the IPO. The final decision on any legal responsibility is now up to the prosecution. XXXXXX engagements  **Related Topics** [all the](/topic/all-the) [listing](/topic/listing) [ipo](/topic/ipo) [stocks](/topic/stocks) [happened](/topic/happened) [Post Link](https://x.com/a1071364/status/1945544923618709545)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Aespann_jeans @a1071364 on x 10K followers
Created: 2025-07-16 18:03:50 UTC
Easy version
⸻
✅ What happened? •Bang Si-hyuk (HYBE founder) advised investors to sell their shares three times, saying the IPO (stock market listing) might be delayed. •He did this in October 2018, June 2019, and November 2019.
⸻
✅ October 2018 case •IPO was delayed by two years, so the risk was real.
⸻
✅ June 2019 case •Bang Si-hyuk took on all the risk himself. •He didn’t get any extra profit (no XX% profit clause). •He agreed to buy back shares at a higher price if the IPO failed.
⸻
✅ November 2019 case •This time, he could earn XX% of profits if it worked out. •There was also a buyback obligation if the IPO failed. •The IPO succeeded quickly, so it worked in his favor.
⸻
✅ HYBE’s situation •At that time, it was hard to find new investors. •HYBE executives’ company ended up buying the shares. •Bang Si-hyuk took on all the financial risk.
✅ Outcome •The IPO was delayed a bit because of COVID-19 but succeeded. •It was shown that HYBE always had an IPO plan; they never said “no IPO,” only that it might be delayed. •The financial authorities confirmed HYBE was telling the truth.
⸻
✅ Authorities’ actions •The “one-strike out” punishment rule does not apply to this case. •The Securities and Futures Commission (SFC) couldn’t clearly prove wrongdoing, so they passed it to the prosecution to decide.
⸻
💡 Overall point
Bang Si-hyuk took real risks himself. There was no evidence of lying about the IPO. The final decision on any legal responsibility is now up to the prosecution.
XXXXXX engagements
