Financing ·
Vector agrees to invest $6.25M in convertible preferred shares for anticipated change of control
TNMGTNL Mediagene
TNL Mediagene entered into a Securities Purchase Agreement with Vector Advisory Partners LLC for a $6.25 million strategic investment via Series A and B Convertible Preferred Shares. Vector paid a non-refundable $1.5 million signing payment, with the remaining $4.75 million due at closing. The transaction is expected to result in Vector holding approximately 80% of the Company’s fully diluted ordinary shares on an as-converted basis following receipt of shareholder and regulatory approvals, resulting in a change of control. TNL Mediagene operates in the technology sector, providing AI-powered advertising, marketing technology, content commerce, and data analytics solutions.