TNL Mediagene Ordinary SharesTNMG
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Reverse stock split aims to regain Nasdaq compliance and attract institutional investors.
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TNL Mediagene Ordinary SharesTNL Mediagene, a technology and digital media company listed on Nasdaq under the ticker TNMG, announced a 1-for-8 share consolidation of its ordinary shares, effective when the market opens on September 8, 2026. The reverse stock split aims to raise the per-share trading price to help the company regain compliance with Nasdaq's minimum bid price requirement of $1.00 per share and to attract institutional investors. Shareholders approved a consolidation ratio of up to 1-for-10 at an extraordinary general meeting on August 25, 2026, and the board later set the final ratio at 1-for-8 on August 27. Every eight existing shares will be combined into one, with fractional shares rounded up, and no shareholder action is required. Computershare will act as the exchange agent for the consolidation.
TNL Mediagene Ordinary SharesReverse stock split aims to regain Nasdaq compliance and attract institutional investors.