Asian Digital-Media Company TNL Mediagene Agrees To Become Publicly Listed Company On Nasdaq Through Merger With Blue Ocean Acquisition Corp

TNL Mediagene and Blue Ocean Acquisition, a special purpose acquisition company, today announced a definitive agreement for a business combination that is expected to result in TNL Mediagene becoming a publicly traded company in the United States. The transaction gives TNL Mediagene a pre-money enterprise value of approximately $275 million. The transaction is expected to close in the first quarter of 2024.