TNMWF

TNL Mediagene agreed to sell its Japanese business for $5.5M to an investor group led by CEO Motoko Imada as the company continues to evaluate strategic alternatives. Under the agreement, the company will sell all shares of TNL Mediagene, the holding company for Mediagene and Infobahn, to MI Company, an acquisition vehicle formed by the investor group. The deal includes at least $2.5M in cash at closing, with the remaining consideration subject to specified adjustments and a secured promissory note due December 31, 2026, and is expected to close by October 30, 2026. Following the deal, TNL Mediagene will retain its Taiwan business and continue evaluating strategic alternatives involving its capital structure and ownership. TNMG's stock price jumped about 30% on Friday pre-market hours.