STOCK TITAN

International Media (IMAQ) adds one-month extension to business combination window

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

International Media Acquisition Corp. deposited $2,000 into its trust account to obtain a one-month extension of the deadline to complete its initial business combination. The period to consummate a transaction is extended from April 2, 2026 to May 2, 2026 under its existing Trust Agreement. An accompanying extension letter notes that this is the 16th of up to 24 permitted one-month extensions.

Positive

  • None.

Negative

  • None.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

Current Report

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

 

March 27, 2026

Date of Report (Date of earliest event reported)

 

International Media Acquisition Corp.

(Exact Name of Registrant as Specified in its Charter)

 

Delaware   001-40687   86-1627460
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (I.R.S. Employer
Identification No.)

 

1221 Brickell Avenue,

Miami, FL

  33131
(Address of Principal Executive Offices)   (Zip Code)

 

Registrant’s telephone number, including area code: [(212) 960-3677]

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act

  

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which
registered 
Common Stock   IMAQ   None
Warrants   IMAQW   None
Rights   IMAQR   None
Units   IMAQU   None

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

Item 8.01. Other Events

 

On March 27, 2026, the Company made a deposit of $2,000 (the “Extension Payment”) to the trust account to extend the period of time the Company has to consummate an initial business combination from April 2, 2026 to May 2, 2026.

 

Item 9.01. Financial Statements and Exhibits

 

(c) Exhibits:

 

Exhibit No.   Description
99.1   Extension Letter
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

1

 

 

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 hereunto duly authorized.

 

Dated: March 27, 2026

 

INTERNATIONAL MEDIA ACQUISITION CORP.
   
By: /s/ Yu Fang Chiu  
Name: Yu-Fang Chiu  
Title: Chief Executive Officer and Chief Financial Officer  

 

2

 

Exhibit 99.1

 

International Media Acquisition Corp.

1221 Brickell Avenue, Miami, FL 33131

 

March 27, 2026

 

Continental Stock Transfer & Trust Company
1 State Street, 30th Floor
New York, N.Y. 10004
Attn: Francis Wolf and Celeste Gonzalez

 

Re: Trust Account Extension Letter

 

Ladies and Gentleman:

 

Pursuant to Section 1(j) of the Investment Management Trust Agreement between International Media Acquisition Corp. (“Company”) and Continental Stock Transfer & Trust Company, dated as of July 28, 2021 (and as amended on July 26, 2022, January 27, 2023, July 31, 2023, January 2, 2024, December 31, 2024 and from time to time, the “Trust Agreement”), this is to advise you that the Company is extending the time available in order to consummate a Business Combination with the Target Business for an additional one (1) month, with the Applicable Deadline extended from April 2, 2026 to May 2, 2026 (the “Extension”).

 

This Extension Letter shall serve as the notice required with respect to Extension prior to the Applicable Deadline. Capitalized words used herein and not otherwise defined shall have the meanings ascribed to them in the Trust Agreement.

 

In accordance with the terms of the Trust Agreement, we hereby authorize you to deposit $2,000, which will be wired to you, into the Trust Account investments upon receipt.

This is the 16th of the twenty-four Extension Letters.

 

Very truly yours,
 
INTERNATIONAL MEDIA ACQUISITION CORP.

 

By: /s/ Yu-Fang Chiu  
  Name:  Yu-Fang Chiu  
  Title: Chief Executive Officer  

 

cc: Chardan Capital Markets, LLC

 

FAQ

What did International Media Acquisition Corp. (IMAQ) announce in this 8-K?

International Media Acquisition Corp. disclosed a one-month extension of the time it has to complete an initial business combination. The company used its Trust Agreement mechanism to extend the applicable deadline from April 2, 2026 to May 2, 2026 via an extension notice.

How much did IMAQ deposit to extend its business combination deadline?

IMAQ deposited an Extension Payment of $2,000 into its trust account. The deposit is authorized under the Investment Management Trust Agreement and is specifically tied to securing an additional one-month period to consummate a business combination, moving the deadline to May 2, 2026.

What new deadline did IMAQ set to complete its initial business combination?

The new deadline for IMAQ’s initial business combination is May 2, 2026. The period was extended from an earlier applicable deadline of April 2, 2026, as permitted under the Trust Agreement through the submission of a formal Extension Letter to the trust company.

How many extension letters has International Media Acquisition used so far?

The extension letter states this is the 16th of 24 allowed extensions. The Trust Agreement permits up to twenty-four one-month extensions, and this letter records that the company has now used the sixteenth such monthly extension to prolong its combination deadline.

Who received IMAQ’s extension notice and trust deposit instructions?

The extension letter was directed to Continental Stock Transfer & Trust Company, addressed to specific representatives at its New York office. It authorizes Continental to deposit $2,000 into the trust account investments upon receipt, in line with the terms of the Trust Agreement.

Who signed the extension letter and 8-K for International Media Acquisition Corp.?

Yu-Fang Chiu signed on behalf of International Media Acquisition Corp. The 8-K signature block lists Yu-Fang Chiu as Chief Executive Officer and Chief Financial Officer, and the extension letter signature block identifies the same individual as Chief Executive Officer of the company.

Filing Exhibits & Attachments

5 documents