Every 10-Q that International Me (IMAQ) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow IMAQ and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full IMAQ filings page.
International Media Acquisition Corp., a SPAC, reported a net loss of $82,031 for the quarter ended June 30, 2026, or $(0.01) per share, compared with a $120,079 loss a year earlier. Total assets were $3,991,500, including $3,484,403 in the trust account and a $499,900 loan to its proposed target. The company had no cash outside the trust, total liabilities of $15,903,053, and a working capital deficit of $7,339,979.
Only 289,694 public shares remain redeemable, with a redemption value of $3,396,218, after multiple extension-related redemptions. Liabilities include $8,050,000 of deferred underwriting fees, $2,445,000 of notes to the prior sponsor, $2,900,000 of JC Unify notes, and $674,672 owed under a note to Wei‑Hua Chang, much of which is convertible into equity at a future business combination.
The company entered an amended merger agreement with VCI Holdings, Vietnam Biofuels Development, and Ethanol Quang Nam to complete a VCI business combination, and arranged an equity line of up to $300,000,000 (expandable to $500,000,000) with White Lion Capital, contingent on closing. Its securities were delisted from Nasdaq in August 2024 and now trade over the counter. With no operating cash and a requirement to complete a business combination by January 2, 2027 or liquidate, management states that substantial doubt exists about its ability to continue as a going concern.
International Media Acquisition Corp. reported another quarterly loss while continuing to search for a merger partner and manage an extended SPAC timeline. For the nine months ended December 31, 2025, the company posted a net loss of $276,636 and basic and diluted loss per share of $0.04.
Cash had fallen to $0 with a working capital deficit of $7,117,454, while the trust account held $3,417,684. Management disclosed substantial doubt about the company’s ability to continue as a going concern and highlighted that its securities were delisted from Nasdaq and now trade over the counter. The filing also describes a proposed $1,000,000,000 business combination with VCI Holdings Limited and Vietnam Biofuels Development Joint Stock Company and a potential equity line of up to $300,000,000–$500,000,000 to fund the combined business, both subject to closing conditions.
International Media Acquisition Corp. (IMAQ) filed its quarterly report detailing a small loss and continued pursuit of a business combination while operating with limited liquidity.
Results and liquidity: Net loss was $96,967 for the quarter and $217,047 for the six months ended September 30, 2025. Cash was $0 with a working capital deficit of $7,049,524. Investments held in the trust account were $3,421,657. Total liabilities were $15,200,159, including an $8,050,000 deferred underwriting fee, resulting in a stockholders’ deficit of $15,083,215. Management disclosed “substantial doubt” about the ability to continue as a going concern.
Capital and structure: Common stock subject to possible redemption was 289,694 shares at a $3,381,442 redemption value. As of November 13, 2025, 6,836,594 common shares were issued and outstanding.
Transactions and plans: IMAQ signed a Merger Agreement to acquire VCI Holdings Limited and Vietnam Biofuels Development JSC, with aggregate consideration of $1,000,000,000 in 90,000,000 Class A and 10,000,000 Class B shares. It also entered a common stock purchase (equity line) agreement of up to $300,000,000, with an option to increase to $500,000,000, subject to an effective resale registration. Multiple unsecured, non‑interest promissory notes are outstanding and convertible into units.
Other: Trading was suspended on Nasdaq on August 8, 2024 and the securities now trade on OTC markets. The charter extension allows up to January 2, 2027 to complete a deal.