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TNL Mediagene (Blue Ocean Acquisition) Priced, Nasdaq: TNMG

Blank check company targeting high-growth internet and media sectors (completed 12/5/2024).

Industry: SPAC

First Day Return: +0.1%

Blue Ocean is a newly incorporated blank check company. Although we may pursue our initial business combination in any business, industry or geographic location, we intend to concentrate our sourcing efforts within the high-growth internet, media and adjacent industry segments, including online marketplaces, content and subscription management, education and training, advertising technology and direct-to-consumer businesses (collectively the “Internet & Digital Media Sector”) with initial enterprise valuations between $750.0 million and $2.0 billion. We intend to seek opportunities globally, with a particular emphasis on large-population, high-growth emerging regions in Asia and Latin America, as well as in North America, including the United States. We believe there has never been a better time to invest in the Internet & Digital Media Sector. In emerging regions, the number of people who are just accessing the mobile internet for the first time (“the next billion”) continues to grow rapidly in large-population, middle-income countries. Demand is growing among these new audiences for news, sports and e-sports, entertainment, education, services, business information and data. Online education, e-commerce and marketplace opportunities are growing rapidly in these emerging regions.
IPO Data
IPO Date 12/02/2021
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $165
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Chevy Chase, MD, United States
Founded 2021
Employees at IPO 4

TNL Mediagene (Blue Ocean Acquisition) (TNMG) Performance

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