[Full text] “PENTAGON” Hongseok ends exclusive contract with CUBE Entertainment

The exclusive contract between Hongseok, a member of the Korean boy group PENTAGON, and CUBE Entertainment has ended.
On the 6th, CUBE Entertainment announced, ``CUBE Entertainment and the members of PENTAGON''
We would like to inform you of the official position regarding the cancellation of Bar Hongseok's Exclusive Contract. We have had sufficient discussions and dialogue regarding Hongseok's future activities, and as a result, we have decided to terminate the Exclusive Contract under mutual agreement.
I have decided to do so.'' Meanwhile, Hongseok enlisted in the military on May 3 last year, but was discharged due to symptoms of panic disorder and depression.
Below is the full text of CUBE Entertainment's official position. Hello. This is CUBE Entertainment.
First of all, I would like to express my gratitude to everyone at UNIVERSE who love and cherish PENTAGON.
Masu. We would like to inform you of the official position regarding the cancellation of Exclusive Contract between CUBE Entertainment and PENTAGON member Hongseok.
Our company has had sufficient discussions and dialogue regarding Hongseok's future activities, and as a result, we have decided to engage him exclusively under mutual agreement.
We have decided to terminate the contract. Hongseo made his debut as a member of PENTAGON in 2016 and generously displayed his passion and talent as a member of CUBE Entertainment.
Express your gratitude for their hard work. We look forward to and support Hongseok's further remarkable leap forward. After leaving CUBE Entertainment, the new company “PENTAGO”
Please give your warm support and encouragement to Hongseok. thank you.