On September 2, Big Hit Entertainment filed for their initial public offering, and has estimated the price at 105,000 Won ($88.39 USD) to 135,000 Won ($113.65 USD).
Bang Si Hyuk, who is the founder & CEO of Big Hit Entertainment and the biggest shareholder gave BTS members 68,385 shares each which makes them become shareholders of Big Hit Entertainment. If the public offering price is set at the maximum amount requested by the agency, each member will own a total of 9.23 billion won (approximately $7.78 million US).
Moreover, the agency shared about BTS members’ mandatory military service. Big Hit stated, “BTS members were born in between 1992 and 1997 and they are required to enlist military service It has been assessed that it will be possible for the oldest member Jin to delay his enlistment until the end of 2021, based on the military service law.”