TNL Mediagene Enters into Definitive Agreement to Sell Japanese Business in Management Buyout

TNL Mediagene signed a definitive agreement to sell its Japanese business to MI Company Inc., an acquisition vehicle led by the company's own CEO Motoko Imada, for $5.5 million in a management buyout. An independent special committee unanimously recommended the deal after Imperial Capital contacted 90 potential acquirers and delivered a fairness opinion; the buyer must pay at least $4.5 million at closing, with the remainder evidenced by a secured promissory note maturing December 31, 2026. Post-closing, the company will continue to own and operate its Taiwan business, and the special committee continues to evaluate strategic alternatives for the capital structure and ownership.

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