TNL Mediagene (NASDAQ:TNMG) today announced that it will implement a 1-for-20 reverse stock split of its ordinary shares, effective with trading on a split-adjusted basis when markets open on December 23, 2025.
The consolidated shares will continue to trade under the existing ticker symbol TNMG, but with a new CUSIP number, G8924F121.
The decision was approved by TNL Mediagene's Board on December 9, 2025, following shareholder authorization on December 2, 2025, which allowed for a consolidation range of up to 1-for-100.
The reverse stock split aims to raise the per-share trading price of the Company’s stock, helping it regain compliance with Nasdaq’s $1.00 minimum bid price requirement.
Additionally, the Company believes that the share consolidation will broaden its appeal to certain institutional investors.
No fractional shares will be issued as a result of the split; instead, fractions will be rounded up.
This move is part of TNL Mediagene’s continued efforts to align its stock price with Nasdaq’s listing requirements and improve the marketability of its shares among institutional investors.