Recent Updates — TNMWF

Vector Advisory Partners completed a $6.25 million strategic investment in TNL Mediagene, purchasing Series A and B Convertible Preferred Shares on October 30, 2026. The transaction includes a $1.5 million signing payment and a $4.75 million closing payment used to retire convertible notes and pay expenses. Vector designated Shing Hei Lee as a new board director. Upon obtaining regulatory approvals, the preferred shares are expected to represent approximately 80% of fully diluted ordinary shares, triggering a change of control. TNL Mediagene is an AI-powered advertising and marketing technology company operating in Asia.

On August 3, 2026, TNL Mediagene announced that its Board established a Special Committee of independent directors—Priscilla Han (Chair), Lauren Zalaznick, and Naoko Okumoto—to evaluate potential strategic transactions and alternatives to maximize shareholder value. The committee has retained Greenberg Traurig, LLP as legal counsel and Imperial Capital, LLC as financial advisor to source and assess options including financing, recapitalization, mergers, or dispositions. No definitive agreement exists, and no assurance is provided that a transaction will occur. TNL Mediagene operates in the technology and digital media industry, providing AI-driven advertising, marketing technology, content commerce, and data analytics solutions across Asia.

TNL Mediagene fully repaid its senior convertible note issued to 3i, LP in December 2025 on July 8, 2026, including accrued interest of $150,000.03 and principal payments totaling shares of ordinary stock. The parties mutually terminated the underlying Securities Purchase Agreement on July 23, 2026, extinguishing all related obligations, registration rights, and guarantees. This termination follows the prior repayment of an initial note in November 2025, leaving no convertible notes outstanding under the facility that funded the company's Nasdaq listing. The filing confirms the retention of a warrant issued to 3i and an existing purchase agreement with Tumim Stone Capital. TNL Mediagene operates as a technology and digital media company providing AI-driven advertising, marketing technology, content commerce, and data analytics solutions across Asia.