According to reports on September 4, Jeon So Mi won't be signing with a new label in the near future, and her father Matthew Douma will be managing her schedule and promotions for now. Though she's received a number of offers from various labels, it seems they've decided to wait to make a decision. It's also still unknown why Jeon So Mi terminated her contract with JYPE.
One insider stated, "Jeon So Mi already has a fandom, and she showed strong skills in dance and singing while promoting with IOI. She's a celebrity that producers would want. However, it's important why her contract with JYPE was canceled."
Stay tuned for updates!