International Media Acquisition extends SPAC deadline

International Media Acquisition Corp. has extended the deadline to complete its initial business combination by one month.

Filing Impact

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Filing Sentiment

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Form Type

8-K

Rhea-AI Filing Summary

International Media Acquisition Corp. has extended the deadline to complete its initial business combination by one month. On April 27, 2026, the company deposited $2,000 into its trust account, as an extension payment under its Investment Management Trust Agreement.

This payment moves the applicable deadline for closing a business combination from May 2, 2026 to June 2, 2026. According to the accompanying extension letter, this is the 17th of up to twenty-four one‑month extensions available, allowing the SPAC additional time to identify and consummate a target transaction.

8-K Event Classification

2 items: 8.01, 9.01

2 items

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, or exhibit attachments filed with this report.

Key Figures

Extension Payment: $2,000 Old Deadline: May 2, 2026 New Deadline: June 2, 2026 +1 more

4 metrics

Extension Payment $2,000 Deposit into trust account for one-month extension

Old Deadline May 2, 2026 Previous applicable deadline for business combination

New Deadline June 2, 2026 Extended deadline for initial business combination

Extension Count 17 of 24 Seventeenth extension letter out of twenty-four available

Key Terms

Investment Management Trust Agreement, Business Combination, Trust Account, Extension Letter

4 terms

Investment Management Trust Agreement financial

"Pursuant to Section 1(j) of the Investment Management Trust Agreement between International Media Acquisition Corp."

A written contract that names who will run and make investment decisions for a trust’s assets, spells out their authority, duties, fees and how performance and risks will be handled. It matters to investors because it defines who is responsible for growing and protecting the money—like hiring a caretaker with a clear job description—and sets the rules and safeguards that affect returns, costs and how disputes or withdrawals are resolved.

Business Combination financial

"extending the time available in order to consummate a Business Combination with the Target Business"

A business combination happens when two or more companies join together to operate as one, like two friends merging their teams into a single group. This is important because it can change how companies grow, compete, and make money, often making them bigger and more powerful in the market.

Trust Account financial

"the Company made a deposit of $2,000 (the “Extension Payment”) to the trust account"

A trust account is a special bank or brokerage account where assets are held and managed by a designated person or firm (the trustee) for the benefit of another person or group (the beneficiary). It matters to investors because it separates assets from personal or corporate funds, can protect assets, control how and when money is used, and may affect tax or legal rights—think of it as a locked drawer opened only under agreed rules.

Extension Letter financial

"This is the 17th of the twenty-four Extension Letters."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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

International Media Acquisition Corp. disclosed that it deposited $2,000 into its trust account to extend the deadline to complete an initial business combination from May 2, 2026 to June 2, 2026, as permitted under its Investment Management Trust Agreement.

How much did IMAQ pay to extend its SPAC business combination deadline?

IMAQ paid an extension fee of $2,000 into its trust account. This modest payment, called the Extension Payment, secures an additional one-month period to complete an initial business combination, moving the deadline from May 2, 2026 to June 2, 2026.

How long is the new deadline for IMAQ’s initial business combination?

The new deadline for IMAQ to complete its initial business combination is June 2, 2026. Previously, the applicable deadline was May 2, 2026, and the one-month extension was obtained by making a $2,000 deposit into the SPAC’s trust account.

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

The extension letter states this is the 17th of up to twenty-four available extension letters. Each letter allows a one-month extension of the business combination deadline in exchange for a specified deposit into the SPAC’s trust account under the Trust Agreement.

What agreement governs IMAQ’s extension of time to complete a business combination?

The extension is governed by the Investment Management Trust Agreement between International Media Acquisition Corp. and Continental Stock Transfer & Trust Company. Under Section 1(j), IMAQ can extend the business combination deadline by depositing funds, here $2,000, into the trust account.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/27/2026 - 04:45 PM EDT

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

April 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 April 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 May 2, 2026 to June 2, 2026.

Item 9.01. Financial Statements and Exhibits

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

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: April 27, 2026

INTERNATIONAL MEDIA ACQUISITION CORP.

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

Exhibit 99.1

International Media Acquisition Corp.

1221 Brickell Avenue, Miami, FL 33131

April 27, 2026

Continental Stock Transfer & Trust Company
1 State Street, 30^th 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 May 2, 2026 to June 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 17th 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

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

5 documents

Press Releases

EX-99.1 EXTENSION LETTER 5.3 KB