JYP Entertainment again denied reports that a Japan-affiliated investment group had proposed acquiring equity.
JYP said in an official statement on the afternoon of Oct. 29, "JYP Entertainment stated in a public filing on Oct. 27, 2026, that 'there were no proposals received regarding the acquisition of our equity,' and even after that, we have not officially received or reviewed any valid proposal related to the recently reported acquisition offer."
It added that "the email the company reported that the firm said it sent to us was classified as 'blatant spam' under our security policy because it did not meet the sender credibility standards, meaning we could not confirm a receipt record, and our mail service provider confirmed that it was blocked and did not reach us," explaining the situation.
Earlier, Japan-affiliated investment group Nexrock told a media outlet that "we informed JYP by email on the 21st about plans for future negotiations," while expressing its position on the equity acquisition proposal.
On the 26th, Nexrock and its affiliate SVCV Co. Ltd. announced in an official press release to the media that they were considering a tender offer to purchase 25%–50% of JYP's outstanding shares. At the time, JYP also issued an official statement saying, "We have not received any proposals related to the acquisition of our equity."
Below is JYP's full statement.
JYP Entertainment stated in a public filing on Oct. 27, 2026, that "there were no proposals received regarding the acquisition of our equity," and even after that, we have not officially received or reviewed any valid proposal related to the recently reported acquisition offer. The email the company reported that the firm said it sent to us on Oct. 29 was classified as 'blatant spam' under our security policy because it did not meet the sender credibility standards and we could not confirm a receipt record; our mail service provider confirmed that it was blocked and did not reach us.
[Photo] OSEN DB.
[OSEN]