Astronomer, the company of employment at the center of two people caught in an embrace at a Coldplay concert, released a statement Friday.

“Astronomer is committed to the values and culture that have guided us since our founding,” the statement read. “Our leaders are expected to set the standard in both conduct and accountability. The Board of Directors has initiated a formal investigation into this matter and we will have additional details to share very shortly.”

The statement comes after Coldplay’s Chris Martin pointed out if the two who ducked out of the way of the camera were “having an affair or (are) just very shy.”

CEO Andy Byron and company chief human resources officer Kristin Cabot – both married – were those identified in the video.

Byron ducked out of the frame while Cabot covered her face and turned around.

The company statement noted that another employee, Alyssa Stoddard, who many had misidentified, was not at the event.

Furthermore, a Byron apology circulating on social media was indeed fake.

Mark Heim is a reporter for The Alabama Media Group. Follow him on Twitter @Mark_Heim. He can be heard on “The Opening Kickoff” on WNSP-FM 105.5 FM in Mobile or on the free Sound of Mobile App from 6 to 9 a.m. daily.