TNL Mediagene executes 1-for-8 reverse stock split
TNL Mediagene announced plans to execute a 1-for-8 reverse stock split on September 8, 2026. The split will commence trading under the same TNMG ticker symbol but with a new CUSIP number of G8924F139. The move aims to lift the per-share price to $1.00, complying with Nasdaq’s listing requirements. Shareholders voted to consolidate shares up to a 1-to-10 ratio at an Extraordinary General Meeting on August 25, 2026.
The final 1-for-8 ratio was approved by the Board of Directors on August 27, 2026. The consolidation will not affect shareholders' ownership percentages, except for fractional interests. Computershare will handle the transfer and exchange of split-adjusted shares for all registered shareholders, whether through direct ownership or brokerage accounts.
TNL Mediagene, founded in May 2023, is a technology and digital media company with AI-driven advertising and marketing solutions, serving multi-language brands across Asia with around 480 employees.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.