MAMAMOO Hwasa has officially signed an exclusive contract with P NATION, and did it in the most unexpected way, forging another epic moment for K-pop!

Here's what happened.

MAMAMMOO Hwasa Signs Exclusive Contract With P NATION at PSY's 'SUMMER SWAG 2023' Concert

Hwasa of MAMAMOO has officially joined PSY's agency P NATION.

PSY held his "SUMMER SWAG 2023" concert in Seoul on June 30, energizing audiences with various performances.

During the show, PSY informed the audience of his agency P NATION, and that the company has an important contract waiting to be signed. The "Gangnam Style" showman kindly asked everyone for their understanding since the show had to be paused for this iconic moment.

"P NATION is a small agency that I run, and the company has an important contract to sign today," PSY stated.

After arranging the paper, audiences were blown away with the intro of the song "Maria," revealing Hwasa as the mystery artist who's about to sign the contract. Hwasa then penned the paper, making her inclusion under P NATION finally official before performing "Maria" live.

@hqneybyul the most iconic woman in our generation #hwasa #mamamoo #kpop #fyp #fypkpop #abcxyz #concert #psy #pnation ♬ Maria - Hwa Sa

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Exclusive contract signing is one of the most discussed topics in K-pop, but this legendary moment would remain the talk of the town for a long while!

After the performance, Hwasa aired her thoughts out about signing the contract.

"Several minutes ago, I became a member of P NATION," Hwasa remarked. "I signed an exclusive contract with the agency earlier. It wasn't a performance. It was actually a real contract."

She added, "I got to review the contract, and everything was sorted out today. Also, I got to experience good memories with you guys."

Afterwards, on the evening of June 30, P NATION uploaded an announcement on Twitter, welcoming Hwasa as their new artist.

MAMAMOO Hwasa Leaves RBW + Agency Releases Official Statement

In other news, Hwasa has left her former and longtime agency RBW. On June 27, RBW released an official statement, addressing Hwasa's departure from the company due to contract expiration and the decision not to renew.

Read their full statement below:

"Hello. This is RBW.

Firstly, we would like to express our gratitude to everyone who love and support MAMAMOO.

We would also like to inform you that the exclusive contract of MAMAMOO member Hwasa has now expired. After an in-depth conversation with Hwasa, the agreement of concluding our wonderful journey together has been decided.

We would like to spare our strong support for MAMAMOO, who can continue to flourish individually along with the company of their fans, MooMoos.

We would like to thank Hwasa, who has shared the ups and downs together with our agency for a long time. Please continue supporting and loving Hwasa, who will promote in various fields.

Thank you."

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Written by Riely Miller