Former CEO Min, who is currently an in-house director of Audor, demanded a meeting of the board of directors to re-elect him as a representative, and applied for a provisional injunction with the court to the same effect.
However, the court rejected the request for provisional injunction yesterday (29th), and the agenda seems to have been rejected by the board of directors, which has a large number of Hive officials.
Earlier, Hive CEO Lee Jae-sang sent an email to Hive executives and employees after the court's decision, saying the turmoil that lasted more than seven months marked a turning point.
He also stressed that he wants to quickly normalize the door and that he will support Newzins to become a more global artist.
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