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[8-K] INTL MEDIA ACQ CORP UTS Reports Material Event

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

International Media Acquisition Corp. (NASDAQ: IMAQU) filed an 8-K on June 26 2025 announcing a routine deadline extension for its SPAC business-combination timeline. The company deposited $2,000 into the trust account, allowing the period to consummate an initial business combination to move from July 2 2025 to August 2 2025. No other financial data, counterparties, or transaction terms were disclosed. The filing contains no changes to capital structure or governance, and no impact on the rights, warrants, or units trading over-the-counter.

The payment is in line with the SPAC’s existing extension mechanism and signals that management continues to seek a suitable target. Investors should note that each additional extension marginally increases carrying costs while prolonging the timeline to potential deal completion.

International Media Acquisition Corp. (NASDAQ: IMAQU) ha depositato un modulo 8-K il 26 giugno 2025 annunciando una proroga ordinaria della scadenza per il completamento della combinazione aziendale SPAC. La società ha versato 2.000 $ nel conto fiduciario, consentendo di spostare il termine per finalizzare una combinazione aziendale iniziale dal 2 luglio 2025 al 2 agosto 2025. Non sono stati divulgati altri dati finanziari, controparti o termini della transazione. Il deposito non comporta modifiche alla struttura del capitale o alla governance, né impatti sui diritti, warrant o unità negoziate over-the-counter.

Il pagamento è conforme al meccanismo di proroga esistente della SPAC e indica che la direzione continua a cercare un obiettivo adeguato. Gli investitori devono considerare che ogni ulteriore proroga aumenta leggermente i costi di mantenimento, prolungando al contempo i tempi per il completamento potenziale dell’accordo.

International Media Acquisition Corp. (NASDAQ: IMAQU) presentó un formulario 8-K el 26 de junio de 2025 anunciando una extensión rutinaria del plazo para la combinación empresarial de su SPAC. La compañía depositó 2,000 $ en la cuenta fiduciaria, permitiendo que el período para concretar una combinación empresarial inicial se extienda del 2 de julio de 2025 al 2 de agosto de 2025. No se divulgaron otros datos financieros, contrapartes ni términos de la transacción. La presentación no contiene cambios en la estructura de capital ni en la gobernanza, ni afecta los derechos, warrants o unidades que se negocian OTC.

El pago está en línea con el mecanismo de extensión existente de la SPAC y señala que la dirección continúa buscando un objetivo adecuado. Los inversores deben tener en cuenta que cada extensión adicional aumenta ligeramente los costos de mantenimiento mientras prolonga el plazo para la posible finalización del acuerdo.

International Media Acquisition Corp. (NASDAQ: IMAQU)는 2025년 6월 26일 8-K 보고서를 제출하며 SPAC 사업 결합 일정에 대한 정기적인 기한 연장을 발표했습니다. 회사는 2,000달러를 신탁 계좌에 입금하여 최초 사업 결합 완료 기간을 2025년 7월 2일에서 2025년 8월 2일로 연장할 수 있게 했습니다. 다른 재무 데이터, 상대방, 거래 조건은 공개되지 않았습니다. 제출된 문서에는 자본 구조나 거버넌스 변경 사항이 없으며, 권리, 워런트 또는 장외거래 단위에 대한 영향도 없습니다.

이번 납입은 SPAC의 기존 연장 메커니즘에 따른 것으로, 경영진이 적합한 대상 기업을 계속 모색하고 있음을 나타냅니다. 투자자들은 추가 연장이 보유 비용을 다소 증가시키고 거래 완료 가능 시점을 늦출 수 있음을 유념해야 합니다.

International Media Acquisition Corp. (NASDAQ : IMAQU) a déposé un formulaire 8-K le 26 juin 2025 annonçant une extension de délai de routine pour son calendrier de combinaison d’entreprise SPAC. La société a déposé 2 000 $ sur le compte en fiducie, permettant de repousser la période pour conclure une première combinaison d’entreprise du 2 juillet 2025 au 2 août 2025. Aucune autre donnée financière, contrepartie ou condition de transaction n’a été divulguée. Le dépôt ne contient aucun changement de structure de capital ou de gouvernance, ni d’impact sur les droits, warrants ou unités négociés de gré à gré.

Le paiement est conforme au mécanisme d’extension existant de la SPAC et indique que la direction continue de rechercher une cible appropriée. Les investisseurs doivent noter que chaque extension supplémentaire augmente légèrement les coûts de portage tout en prolongeant le délai de réalisation potentielle de la transaction.

International Media Acquisition Corp. (NASDAQ: IMAQU) reichte am 26. Juni 2025 ein 8-K ein und kündigte eine routinemäßige Fristverlängerung für den SPAC-Geschäftszusammenführungszeitplan an. Das Unternehmen zahlte 2.000 $ auf das Treuhandkonto ein, wodurch sich die Frist zur Durchführung einer ersten Unternehmenszusammenführung vom 2. Juli 2025 auf den 2. August 2025 verschob. Weitere finanzielle Daten, Gegenparteien oder Transaktionsbedingungen wurden nicht offengelegt. Die Einreichung enthält keine Änderungen an der Kapitalstruktur oder Governance und hat keine Auswirkungen auf die Rechte, Warrants oder Einheiten, die außerbörslich gehandelt werden.

Die Zahlung entspricht dem bestehenden Verlängerungsmechanismus der SPAC und signalisiert, dass das Management weiterhin nach einem geeigneten Ziel sucht. Investoren sollten beachten, dass jede weitere Verlängerung die laufenden Kosten leicht erhöht und gleichzeitig den Zeitrahmen für einen möglichen Abschluss der Transaktion verlängert.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: One-month SPAC deadline extension; immaterial $2k cost—neutral impact.

The 8-K simply executes a pre-agreed extension clause, adding 30 days to IMAQU’s deal window. At roughly $2k, the cash outlay is negligible relative to the $230 million held in trust. No dilution or warrant repricing occurs. While the action keeps the SPAC alive, it also signals that management has yet to secure a target more than three years post-IPO, underscoring execution risk common to late-stage SPACs.

TL;DR: Routine extension—maintains option value, but delays catalyst; neutral.

From a portfolio perspective, the filing neither enhances nor harms intrinsic value. Units, rights, and warrants remain structurally unchanged, and trust value continues to earn minimal interest. The additional month preserves upside optionality; however, time decay and opportunity cost persist. Unless management announces a definitive agreement soon, redemptions may rise as investors prefer cash back over uncertainty.

International Media Acquisition Corp. (NASDAQ: IMAQU) ha depositato un modulo 8-K il 26 giugno 2025 annunciando una proroga ordinaria della scadenza per il completamento della combinazione aziendale SPAC. La società ha versato 2.000 $ nel conto fiduciario, consentendo di spostare il termine per finalizzare una combinazione aziendale iniziale dal 2 luglio 2025 al 2 agosto 2025. Non sono stati divulgati altri dati finanziari, controparti o termini della transazione. Il deposito non comporta modifiche alla struttura del capitale o alla governance, né impatti sui diritti, warrant o unità negoziate over-the-counter.

Il pagamento è conforme al meccanismo di proroga esistente della SPAC e indica che la direzione continua a cercare un obiettivo adeguato. Gli investitori devono considerare che ogni ulteriore proroga aumenta leggermente i costi di mantenimento, prolungando al contempo i tempi per il completamento potenziale dell’accordo.

International Media Acquisition Corp. (NASDAQ: IMAQU) presentó un formulario 8-K el 26 de junio de 2025 anunciando una extensión rutinaria del plazo para la combinación empresarial de su SPAC. La compañía depositó 2,000 $ en la cuenta fiduciaria, permitiendo que el período para concretar una combinación empresarial inicial se extienda del 2 de julio de 2025 al 2 de agosto de 2025. No se divulgaron otros datos financieros, contrapartes ni términos de la transacción. La presentación no contiene cambios en la estructura de capital ni en la gobernanza, ni afecta los derechos, warrants o unidades que se negocian OTC.

El pago está en línea con el mecanismo de extensión existente de la SPAC y señala que la dirección continúa buscando un objetivo adecuado. Los inversores deben tener en cuenta que cada extensión adicional aumenta ligeramente los costos de mantenimiento mientras prolonga el plazo para la posible finalización del acuerdo.

International Media Acquisition Corp. (NASDAQ: IMAQU)는 2025년 6월 26일 8-K 보고서를 제출하며 SPAC 사업 결합 일정에 대한 정기적인 기한 연장을 발표했습니다. 회사는 2,000달러를 신탁 계좌에 입금하여 최초 사업 결합 완료 기간을 2025년 7월 2일에서 2025년 8월 2일로 연장할 수 있게 했습니다. 다른 재무 데이터, 상대방, 거래 조건은 공개되지 않았습니다. 제출된 문서에는 자본 구조나 거버넌스 변경 사항이 없으며, 권리, 워런트 또는 장외거래 단위에 대한 영향도 없습니다.

이번 납입은 SPAC의 기존 연장 메커니즘에 따른 것으로, 경영진이 적합한 대상 기업을 계속 모색하고 있음을 나타냅니다. 투자자들은 추가 연장이 보유 비용을 다소 증가시키고 거래 완료 가능 시점을 늦출 수 있음을 유념해야 합니다.

International Media Acquisition Corp. (NASDAQ : IMAQU) a déposé un formulaire 8-K le 26 juin 2025 annonçant une extension de délai de routine pour son calendrier de combinaison d’entreprise SPAC. La société a déposé 2 000 $ sur le compte en fiducie, permettant de repousser la période pour conclure une première combinaison d’entreprise du 2 juillet 2025 au 2 août 2025. Aucune autre donnée financière, contrepartie ou condition de transaction n’a été divulguée. Le dépôt ne contient aucun changement de structure de capital ou de gouvernance, ni d’impact sur les droits, warrants ou unités négociés de gré à gré.

Le paiement est conforme au mécanisme d’extension existant de la SPAC et indique que la direction continue de rechercher une cible appropriée. Les investisseurs doivent noter que chaque extension supplémentaire augmente légèrement les coûts de portage tout en prolongeant le délai de réalisation potentielle de la transaction.

International Media Acquisition Corp. (NASDAQ: IMAQU) reichte am 26. Juni 2025 ein 8-K ein und kündigte eine routinemäßige Fristverlängerung für den SPAC-Geschäftszusammenführungszeitplan an. Das Unternehmen zahlte 2.000 $ auf das Treuhandkonto ein, wodurch sich die Frist zur Durchführung einer ersten Unternehmenszusammenführung vom 2. Juli 2025 auf den 2. August 2025 verschob. Weitere finanzielle Daten, Gegenparteien oder Transaktionsbedingungen wurden nicht offengelegt. Die Einreichung enthält keine Änderungen an der Kapitalstruktur oder Governance und hat keine Auswirkungen auf die Rechte, Warrants oder Einheiten, die außerbörslich gehandelt werden.

Die Zahlung entspricht dem bestehenden Verlängerungsmechanismus der SPAC und signalisiert, dass das Management weiterhin nach einem geeigneten Ziel sucht. Investoren sollten beachten, dass jede weitere Verlängerung die laufenden Kosten leicht erhöht und gleichzeitig den Zeitrahmen für einen möglichen Abschluss der Transaktion verlängert.

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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

 

June 26, 2025

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: [(212960-3677]

 

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 June 26, 2025, 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 July 2, 2025 to August 2, 2025.

 

Item 9.01. Financial Statements and Exhibits

 

(c) Exhibits:

 

Exhibit No.   Description
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: June 27, 2025  
   
INTERNATIONAL MEDIA ACQUISITION CORP.  

 

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

 

 

 

  

FAQ

What did International Media Acquisition Corp. (IMAQU) disclose in its latest 8-K?

The company deposited $2,000 into its trust to extend the business-combination deadline from July 2 2025 to August 2 2025.

How long is the new extension for IMAQU’s SPAC combination deadline?

The extension is one month, moving the deadline to August 2 2025.

Does the $2,000 extension payment affect IMAQU shareholders?

The small payment is funded by the sponsor and does not dilute common shareholders; trust value per share remains intact.

Were any new financial statements or earnings figures provided?

No. No financial statements or earnings data accompanied the filing.

Are IMAQU’s warrants, rights, or units affected by this extension?

No structural changes were announced; IMAQW, IMAQR, and IMAQU continue under existing terms.
International Media Acquisition Corp

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