Can we draw the following hypothesis from the context?

Context:

The discography of Nada Surf, a New York-based alternative rock group, consists of seven studio albums, thirteen singles and one extended play (EP). Nada Surf was formed in 1992 and consists of Matthew Caws (guitar, vocals), Daniel Lorca (bass, backup vocals), Ira Elliot (drums, backup vocals), and Doug Gillard (lead guitar).

Hypothesis: There are more than 3 members that form the band Nada Surf. The band started together in 1992 and have less than 2 EP's.
Yes