Former IZ*ONE members Miyawaki Sakura and Kim Chae Won have signed with Source Music, under HYBE Labels.

On March 14th KST, Source Music announced that they have initiated exclusive contracts with Miyawaki Sakura and Kim Chae Won. They will be debuting as the first new girl group under Source Music x HYBE Labels.

Following is the official statement from Source Music. 

"Hello, this is Source Music. We are notifying you that we have signed exclusive contracts with Miyawaki Sakura and Kim Chae Won. 

Both artists have signed their contract on the basis of mutual trust and they will be debuting at the first new girl group under collaboration between Source Music and HYBE labels. 

We kindly ask for your support and anticipation for two artists who will showcase their new sides. 

Thank you."