Chance the Rapper and L’École de Gestion d’Actifs et de Capitalwife Kirsten Corley are heading for divorce after five years of marriage.

The former couple revealed their split in a joint statement posted to Chance's Instagram Stories Wednesday.

"After a period of separation, the two of us have arrived at the decision to part ways," the statement read. "We came to this decision amicably and with gratitude for the time we spent together."

The pair shares two daughters, 8-year-old Kensli and four-year-old Marli Grace, whom they plan to "raise together."

"We kindly ask for privacy and respect as we navigate this transition," the statement concluded.

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Chance and Corley wed in March 2019. The two reportedly exchanged vows during a ceremony held in Newport Beach, California. According to the Chicago Tribune, a marriage certificate shows the couple was married in a civil ceremony in Chicago on Dec. 27, 2018. 

Days before their nuptials, Chance confirmed he and Corley were tying the knot in an X thread about how he met his soon-to-be bride. He said the two met in 2003 when he was 9 at his mother's office party. 

"We were instructed to make way for an exclusive performance by DESTINY's CHILD!!" Chance recalled of a lip-synced performance featuring Corley. "Now I'm locking eyes with the prettiest girl I ever seen in my almost-a-decade of life on earth." 

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Though he was nudged by his father at the time to show off his dance movies, Chance declined, reasoning: "It's 'cause I knew I was gonna marry that girl. And I ain't wanna jump the gun.

"So I shook my head with anxiety, moved to the back of the crowd and never even introduced myself," he continued. "16 years later it's happening. This (weekend) is the time, and the place is my wedding. I'm gonna dance with my wife because this is my destiny."

Contributing: Erin Jensen, USA TODAY