TNL Mediagene Announces 1-for-8 Share Consolidation
TNL Mediagene will execute a 1-for-8 reverse stock split, with shares expected to begin trading on a split-adjusted basis under the existing ticker TNMG when the market opens on September 8, 2026. The company states the consolidation is intended to lift the per-share price to regain compliance with Nasdaq's $1.00 minimum bid price requirement for continued listing on the Nasdaq Capital Market. Shareholders authorized a ratio of up to 1-to-10 on August 25, 2026, and the board fixed the final 1-for-8 ratio on August 27; fractional shares will be rounded up and holders need take no action, with Computershare acting as exchange agent.
Key figures
- New cusip
- G8924F139
- Board approval date
- 2026-08-27
- Reverse split ratio
- 1-for-8
- Max authorized ratio
- 1-to-10
- Nasdaq min bid price
- $1.00
- Effective trading date
- 2026-09-08
- Shareholder approval date
- 2026-08-25
AI analysis
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