SPIRE refutes OMEGA X's claims regarding the termination of the exclusive contract due to trust issues, emphasizing ongoing investigations.

Former affiliated company SPIRE Entertainment, which is in conflict with OMEGA X over discussions such as forced indecent acts, once again refuted OMEGA X's claims. On the 1st, SPIRE Entertainment stated through an official comment that they judged the breakdown of mutual trust as the reason for the termination of the exclusive contract, just like the content of the provisional disposition, and revealed that the decision of the Korea Commercial Arbitration Board did not disclose that it was a decision for some members, and that they are repeating baseless claims despite not being a party to the three-party agreement between the company and Danal Entertainment. They emphasized that they are sincerely investigating ongoing civil lawsuits, the Fair Trade Commission, criminal cases, etc., and plan to reveal only the truth based on the disposal results, stating once again that there will be no favorable treatment based on the results. Prior to this, OMEGA X announced that Kang Seong-hee, the wife of SPIRE Entertainment's fan representative and former representative, who was a director of the company, had been recognized for assault, verbal abuse, forced indecent acts, and threats, leading to the loss and termination of the exclusive contract. OMEGA X, which debuted in 2021, held a press conference last year and, following the exposure of the former representative's power harassment, filed a provisional disposition lawsuit against SPIRE Entertainment regarding the suspension of the exclusive contract. However, SPIRE Entertainment continues to claim that the exclusive contract is still valid and denies allegations of power harassment and forced indecent acts. Photo=IPQ [Full text of SPIRE Entertainment's official comment] Hello. This is SPIRE Entertainment. We will explain our position on the arbitration decision of the Korea Commercial Arbitration Board regarding the exclusive contract dispute of OMEGA X. First of all, the exclusive contract dispute with OMEGA X members is progressing separately with the Korea Commercial Arbitration Board and the Seoul Central District Court for each member, and since the lawsuit in the Seoul Central District Court is ongoing, we would like to convey that we should not rush to conclusions for the entire exclusive contract dispute. In addition, the arbitration decision of the Korea Commercial Arbitration Board did not make a judgment on the claim of tampering (contacting another agency before the contract period expires), and additional procedures such as canceling the arbitration decision through legal review based on the results of related criminal cases have not been carried out. We judged that the breakdown of mutual trust, like the content of the provisional disposition, was the reason for the termination of the exclusive contract. The tampering incidents reported to the Fair Trade Commission and the ongoing criminal cases are considered separately from the reasons for the termination of the exclusive contract, and the breakdown of mutual trust was determined to be the main factor in the decision. In this situation, looking at the position statement announced by IPQ, who signed exclusive contracts with OMEGA X members, it is clear that the decision of the Korea Commercial Arbitration Board did not disclose that it was a decision for some members, and despite not being a party to the three-party agreement between the company and Danal Entertainment, they are repeating baseless claims, mentioning specific individuals by name and confirming statements of defamation. Finally, we are sincerely investigating ongoing civil lawsuits, the Fair Trade Commission, criminal cases, etc., and plan to reveal only the truth based on the disposal results. However, we will firmly deal with any attempts to unduly influence ongoing investigations or spread false facts, and we once again strongly emphasize that there will be no favorable treatment based on the results. We hope that you will not be misled by baseless claims or false facts based on speculation, and we ask that you judge based on the legal results that will be forthcoming. Thank you.