December 6, 2024, New York – Zurich – JAKOTA Capital AG, a Swiss-based investment firm focused on investing in and advising companies in the Jakota region (Japan, South Korea, Taiwan) and Hong Kong, has assisted Japan-Taiwan digital media group TNL Mediagene with its NASDAQ listing completed through the merger with Blue Ocean SPAC (original press release).
JAKOTA Capital has arranged for a substantial investment into the PIPE facility supporting the Blue Ocean-TNL Mediagene merger transaction and remains fully supportive of the company, now traded on NASDAQ under ticker TNMG.
About TNL Mediagene
TNL Mediagene, a Cayman Islands-registered company, is the product of the May 2023 merger of Taiwan’s The News Lens Co. and Japan’s Mediagene Inc., two leading, independent digital-media groups. Its business includes original and licensed media brands in Chinese, Japanese and English, across a range of subjects, including news, business, technology, science, food, sports and lifestyle; AI-powered advertising and marketing technology platforms in demand by agencies; and e-commerce and creative solutions. It takes pride in its political neutrality, its reach with younger audiences, and its quality. The company has 550 employees across Asia, with offices in Japan, Taiwan and Hong Kong.
About Blue Ocean Acquisition Corp
Blue Ocean Acquisition Corp, a Cayman Islands exempted company, was a Nasdaq-listed special-purpose acquisition company formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more business or entities. It was founded by an affiliate of North Base Media (NBM), a global venture-capital firm focused on media. NBM is a small, minority shareholder of TNL Mediagene.
About JAKOTA Capital
JAKOTA Capital AG is a Swiss investment services and advisory firm, headquartered in Zurich. The company focuses on facilitating cross-border capital flows between the Jakota region (Japan, South Korea, Taiwan) and Hong Kong domiciled small / mid-cap listed companies, their potential acquisition targets and international investors, predominantly located across the Jakota region, North America and Europe. For further information about the Company and its recent transactions, please refer to jakotacapital.com or email info@jakotacapital.com.
