An insider told Star News on October 16, "YG's new girl group is currently recording their debut song and album. They've been preparing for their debut for quite a while, and they're in the last stages." There are also reports that they'll be moving onto filming their music video soon.
A rep from YGE allegedly stated that the upcoming girl group has recorded multiple songs, but they haven't decided on a title track. If they do miss a November debut, they're still expected to debut by the end of the year.
YG Entertainment has yet to release an official statement, however, so stay tuned for updates!