TNL Mediagene gets Nasdaq bid-price notice; hearing may allow 180 days

Rhea-AI Filing Summary

TNL Mediagene reported it received a Nasdaq staff determination letter stating it did not regain compliance with Nasdaq Listing Rule 5550(a)(2), which requires a minimum bid price of $1.00 per share by November 3, 2025, and is not eligible for a second 180-day grace period.

The letter has no immediate effect on the company’s Nasdaq Capital Market listing. The company intends to request a hearing, which will automatically stay any suspension or delisting action pending the hearing and any extension granted. Under Nasdaq rules, a Hearing Panel may grant an extension not to exceed 180 days from the date of the determination letter.

Insights

Listing compliance analyst

Nasdaq bid-price noncompliance disclosed; hearing to stay delisting.

TNL Mediagene disclosed a staff determination for not meeting the $1.00 minimum bid price by November 3, 2025. The notice itself does not remove the listing and triggers a procedural path to seek continued listing.

The company plans to request a hearing, which automatically stays suspension or delisting. A Nasdaq Panel may grant up to 180 days from the letter date. Actual outcomes depend on the Panel’s decision and the company’s ability to meet the rule within any extension.

Key items to track are the scheduling of the hearing and any Panel extension length. Subsequent company disclosures may provide timing and any actions taken to restore compliance.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did TNMG disclose in the latest 6-K?

The company received a Nasdaq staff determination letter for not regaining compliance with the $1.00 per share minimum bid price by November 3, 2025.

Does the determination letter immediately affect TNMG’s Nasdaq listing?

No. The letter has no immediate effect on the listing on the Nasdaq Capital Market.

What steps will TNMG take following the determination letter?

TNMG intends to request a hearing, which automatically stays any suspension or delisting action pending the hearing and any extension.

How long an extension can the Nasdaq Panel grant?

Under Nasdaq rules, the Panel may grant an extension not to exceed 180 days from the date of the determination letter.

Which Nasdaq rule is at issue for TNMG?

Nasdaq Listing Rule 5550(a)(2), requiring a minimum bid price of $1.00 per share.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 11/07/2025 - 06:09 PM Learn about SEC filing dates

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16

OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of November, 2025

Commission File Number 001-42424

TNL Mediagene

23-2 Maruyamacho		4F., No. 88, Yanchang Rd.
Shibuya-ku, Tokyo 150-0044		Xinyi District
Japan		Taipei City 110
+81-(0)3-5784-6742		Taiwan
		+866-2-6638-5108

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒        Form 40-F ☐

EXPLANATORY NOTE

On November 6, 2025, TNL Mediagene, a Cayman Islands exempted company (the “Company”), received a staff determination letter (the “Determination Letter”) from the staff of the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company had not regained compliance with Nasdaq Listing Rule 5550(a)(2) requiring listed securities to maintain a minimum bid price of $1.00 per share by November 3, 2025, and is not eligible for a second 180-day grace period.

The Determination Letter has no immediate effect on the listing of the Company’s ordinary shares on The Nasdaq Capital Market. The Company intends to timely request a hearing, which will automatically stay any suspension or delisting action pending the hearing and the expiration of any additional extension period granted by the Nasdaq Hearing Panel (the “Panel”) following the hearing. In that regard, pursuant to the Nasdaq Listing Rules, the Panel has the authority to grant an extension not to exceed 180 days from the date of the Determination Letter.

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Exhibit No.		Description of Exhibits
99.1		Press Release by TNL Mediagene dated November 7, 2025

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	TNL Mediagene.
Date: November 7, 2025	By:	/s/ Tzu-Wei Chung
		Name:	Tzu-Wei Chung
		Title:	Chief Executive Officer

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