WASHINGTON, March 17,
2025 /PRNewswire/ -- TCM|Strategic ("the Fund")
announced today that it has distributed 1,385,147 common shares of
Digimarc Corporation (NASDAQ: DMRC) to certain Limited Partners.
The Fund's current ownership stands at 2,355,093 shares.
"TCM|Strategic is a Special Purpose Vehicle formed in
September 2020 with the sole purpose
of making an investment in Digimarc Corporation. The original Fund
life was four years," said Riley
McCormack, Managing Member of TCM|Strategic.
"Limited Partners representing approximately 2/3rds of the Fund,
including me, have decided to extend the Fund expiry date by
multiple additional years for the purpose of allowing the Fund to
maintain full ownership and control of their pro rata
interest. Today's share distribution to the other Limited
Partners reflects the conclusion of the original Fund life."
Disclaimer:
This press release is made available for the limited purposes
set forth herein. No offer to sell or solicitation of an
offer to purchase any securities or to participate in any
investment vehicle or other financial product offered, sponsored,
managed or otherwise associated with TCM Strategic L.P. or any of
its affiliates or personnel (collectively, "TCM") or any securities
of Digimarc Corporation ("Digimarc") is made hereby. This press
release does not constitute an offer to sell or a solicitation of
an offer to buy an interest in any investment or other asset. Such
an offer, if made, may be made only through separate offering
materials or registration statements, as applicable. This press
release does not and shall be deemed not to constitute any
commitment or to create any contractual obligations on the part of
TCM, Digimarc or any of its relevant subsidiaries or affiliates.
This press release is not, and may not be relied on in any manner
as legal, tax, investment, accounting or other advice, and none of
TCM, Digimarc, or any of its affiliates has or will provide any
such advice.
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content:https://www.prnewswire.com/news-releases/tcmstrategic-provides-update-on-fund-holdings-302402524.html
SOURCE TCM|Strategic
