TNL Mediagene Implements 1-for-20 Share Consolidation to Boost Market Viability
TNL Mediagene Implements 1-for-20 Share Consolidation
In a significant move aimed at enhancing its market presence, TNL Mediagene (Nasdaq: TNMG), a pioneering digital media and data group based in Tokyo, has announced a 1-for-20 share consolidation. This step is vital for meeting the Nasdaq minimum bid price requirement of $1.00 per share, crucial for maintaining its continued listing on the Nasdaq Capital Market. The newly adjusted shares are set to commence trading with a fresh CUSIP number on December 23, 2025.
The decision to consolidate shares comes after the approval of shareholders during the 2025 Annual General Meeting, where a consolidation ratio of up to 1-to-100 was discussed. Following this, the Board of Directors confirmed the final ratio at a 1-for-20 split on December 9, 2025.
This action aims to elevate the trading price of the company’s ordinary shares, thereby attracting a broader spectrum of institutional investors. Particularly, institutions seeking to invest often look for stocks priced above $1.00 per share. This strategic move will enable TNL Mediagene to redirect its focus towards its expanding business opportunities and operational strategies, a crucial step as the company continues to grow.
Shareholders will not see any fractional shares issued as part of this consolidation. Instead, all fractional shares resulting from the consolidation will be rounded up to the nearest whole share. This means that each shareholder's percentage ownership in TNL Mediagene will remain unaffected, aside from slight adjustments due to the rounding process.
Computershare will serve as the transfer and exchange agent for this share consolidation, facilitating the automatic adjustment of share positions held via brokers, banks, or nominee organizations. Registered shareholders will not need to take any action to receive their split-adjusted shares.
About TNL Mediagene
TNL Mediagene emerged from the merger of The News Lens Co. from Taiwan and Japan's Mediagene Inc., bringing together some of Asia's leading digital media expertise. Founded in May 2023, the company operates across original and licensed media brands in multiple languages, including Japanese, Chinese, and English. TNL Mediagene encompasses a wide array of topics such as news, technology, lifestyle, sports, and more, while also providing innovative advertising and e-commerce solutions.
With a workforce of approximately 500 employees across Japan, Taiwan, and Hong Kong, TNL Mediagene is distinguished by its commitment to high-quality content and political neutrality. The company's focus on the younger audience segment positions it uniquely within the competitive digital media landscape. As it moves forward, TNL Mediagene is well-equipped to harness emerging opportunities, thanks to its solid foundation in media and technology.
In conclusion, the recent share consolidation is a proactive step by TNL Mediagene, reflecting its commitment to strengthening its market presence and continuing its innovative journey in the digital realm. As the company prepares for a fresh chapter of growth and expansion, stakeholders will be watching closely to see how this strategic decision plays out in the coming months.