TNL Mediagene (TNMG) Form 6-K — Oct 2, 2026
TNL Mediagene (NASDAQ: TNMG) entered into a Share Purchase Agreement on September 30, 2026 to sell its entire Japanese business, including Mediagene Inc. and Infobahn Inc., to MI Company Inc. for $5.5 million. The buyer is an acquisition vehicle led by Motoko Imada, TNL Mediagene's own CEO, making this a related-party transaction.
Key figures
- Deal Value Usd
- 5500000
- Closing date
- October 30, 2026
- Outside date
- November 30, 2026
- Purchase price
- USD $5,500,000
- Buyer indemnity cap
- USD $1,000,000
- Seller indemnity cap
- USD $1,500,000
- Adjustment setoff cap
- USD $500,000
- Deferred note maturity
- December 31, 2026
- Initial payment amount
- USD $4,500,000
- Dno runoff period years
- 10
- Minimum cash at closing
- USD $2,500,000
- Seller indemnity basket
- USD $1,000,000
- Potential acquirers contacted
- 90
- Imada minimum buyer ownership pledge
- 55%
- Net intercompany debt reference amount
- USD $612,064 as of July 31, 2026
AI analysis
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