Actor Lee Jae Wook, who recently made headlines after admitting to his relationship with aespa's Karina, will be facing contract renewal with his label, C-Jes Entertainment.

According to a representative of C-Jes Entertainment, "There is still some time left in his exclusive contract, so nothing is confirmed." However, insiders claim that Lee Jae Wook is looking into setting up his own agency after parting ways with C-Jes. His exclusive contract is said to end in May of this year. 

Meanwhile, Lee Jae Wook's new Disney+ original drama 'The Impossible Heir' was released on February 28.