International Media Acquisition Corp.

International Media Acquisition Corp. is a Delaware blank check company incorporated on January 15, 2021. The company was formed to complete a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. The company has entered into a Merger Agreement with various parties. As an early stage and emerging growth company, it faces risks associated with such companies. If International Media Acquisition Corp. does not complete a business combination by July 2, 2026 (or until January 2, 2027 if the date is fully extended), it will be required to dissolve and liquidate, unless stockholders approve an amendment to extend the date for an initial business combination. The company's initial public offering (IPO) registration statement became effective on July 28, 2021. On August 2, 2021, International Media Acquisition Corp. completed its IPO of 20,000,000 units at $10.00 per unit, raising gross proceeds of $200,000,000. Concurrently with the IPO closing, the company sold 714,400 private units at $10.00 per private unit to Content Creation Media LLC, its prior sponsor, generating gross proceeds of $7,144,000. On August 6, 2021, following the underwriters' full exercise of their over-allotment option, the company sold an additional 3,000,000 units at $10.00 per unit, generating gross proceeds of $30,000,000.