South Korean boy band The Boyz has officially ended its partnership with IST Entertainment , effective December 5.

IST Entertainment made the announcement on The Boyz's fan cafe, sharing a message of gratitude to the fans who have supported the group:

“Hello, this is IST Entertainment. We would like to express our gratitude to all the fans who cherish and support The Boyz. We wish to officially communicate on the expiration of The Boyz's exclusive contract. After long and serious discussions from both sides, it has been decided that the exclusive contracts of The Boyz members - Sangyeon, Jacob, Younghoon, Hyunjae, Juyeon, Kevin, New, Q, Haknyeon, Sunwoo, and Eric - will end on December 5, by mutual agreement. We would like to take this opportunity to thank the members of The Boyz for their dedication since their debut in 2017 until today. Although our contractual relationship with the members ends today, we will continue to sincerely support the group's future endeavors. Please continue to show your unwavering love and support to The Boyz as they embark on a new journey. THANKS."