IMAQ (NASDAQ: IMAQ) pays $2,000 to extend SPAC deal deadline to Nov 2
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
International Media Acquisition Corp. reported that on September 25, 2025 it deposited $2,000 into its trust account. This payment extends the deadline for the company to complete its initial business combination from October 2, 2025 to November 2, 2025, giving the SPAC an additional month to seek and close a merger target.
The company also referenced an extension letter as an exhibit, which formally documents this short-term extension of its business combination period.
Positive
- None.
Negative
- None.
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, and exhibit attachments filed with this report.
FAQ
What did International Media Acquisition Corp. (IMAQ) disclose in this 8-K?
International Media Acquisition Corp. disclosed that it deposited $2,000 into its trust account on September 25, 2025 to extend the deadline to complete its initial business combination from October 2, 2025 to November 2, 2025.
How much did IMAQ deposit into its trust account for the extension?
IMAQ deposited an Extension Payment of $2,000 into its trust account to obtain an additional month to complete an initial business combination.
Until what date has IMAQ extended its business combination deadline?
The deadline for IMAQ to consummate an initial business combination has been extended from October 2, 2025 to November 2, 2025.
What is the purpose of the Extension Payment mentioned by IMAQ?
The Extension Payment is used to extend the period during which IMAQ can complete its initial business combination, giving the company additional time to finalize a merger or similar transaction.
Who signed the report for International Media Acquisition Corp.?
The report was signed on behalf of International Media Acquisition Corp. by Yu-Fang Chiu, the company’s Chief Executive Officer and Chief Financial Officer.