Aired: Aug 31, 2018
Episode: 12
The episode begins showing the girls' audition tapes, as well as their final confessional interviews. Throughout the episode, the trainees currently ranked and aiming for the 12th are revealed to encourage people to vote. The debut evaluation starts off with the eliminated trainees joining the top 20 for a performance of "You're Mine". Lee Seung-gi then reveals the group name as Iz*One. The episode then flashes back to the guerilla concert held by the top 20 girls in Japan, where they performed the theme song from the show, with NGT48's Yamada Noe acting as the MC. The episode also shows the last preparations for the two final songs, showing the clip for the two contenders for center position and announcing the final center on stage. WM Entertainment's Lee Chae Yeon is chosen for "We Together" and Yuehua Entertainment's Choi Ye Na for "You're in Love, Right?". Lee Seung-gi had also showed the contenders for 12th position during the live voting which were Miyu Takeuchi, Kim Chae Won, Han Cho Won and Hitomi Honda. The girls are also showed recording a final song sang by all the top 20 trainees titled "While Dreaming", with lyrics describing their journey through the show. The trainees share their final thanks to the trainers and also watch their audition tapes, and finally, reading letters they had written to themselves from earlier episodes.
Voting soon comes to a close, and ranking announcements begin. The ranking announcement started from the contestant who ranked at 11th place which was Urban Work's Kim Min-joo followed by Woolim's Kim Chae-won at 10th, AKB48's Honda Hitomi at 9th, 8D Creative's Kang Hye Won at 8th, Woolim's Kwon Eun Bi at 7th, HKT48's Yabuki Nako at 6th, Starship's Ahn Yu Jin at 5th, Yuehua's Choi Ye Na at 4th, and Stone Music's Jo Yu Ri at 3rd, confirming them for debut. Then, HKT48's Miyawaki Sakura and Starship's Jang Won-young are called up as contenders for 1st, with Won-young taking the first place, confirming her position as Iz One's center. The contenders for 12th place were Cube's Han Cho-won, Pledis' Lee Ga-eun, AKB48's Miyazaki Miho and WM's Lee Chae-yeon. It was then announced that the 12th and final spot for Iz One went to Chae-yeon.