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Integrated Media Technology Ltd

For the period ended Dec 31, 2023. Filed Oct 22, 2024.

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About this filing

The yearly report of a company based outside the US. It covers much of what a 10-K does, and may follow accounting rules other than US ones.

FY2023 · Filed Oct 22, 2024

IMTE$0.35+3.3%Stored close · as of Nov 6, 2026
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 20-F

(Mark One)

☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934

OR

☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended December 31,2023

OR

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

**For the transition period from to **

OR

☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Date of event requiring this shell company report

Commission file number 001-38018

Integrated Media Technology Limited

(Exact name of Registrant as specified in its charter

and translation of Registrant’s name into English)

Australia

(Jurisdiction of incorporation or organization)

Suite A, Unit 5, Level 3, Lot 4, Glen 9 Business Park,

Jalan Pensyarah U1/28, Hicom Glenmarie Industrial Park,

40150 Shah Alam, Selangor, Malaysia

Phone: +61 7324 6018 E: corporate@imtechltd.com

(Address of principal executive offices)

Megat Radzman Bin Megat Khairuddin, CEO

Suite 1401 Level 14,219-227 Elizabeth Street, Sydney NSW 2000, Australia

Phone:+61 7324 6018 E: corporate@imtechltd.com

(Name, Telephone, E-mail and/or Facsimile number and Address of Company Contact Person)

Securities registered or to be registered pursuant to Section 12(b) of the Act.

Title of each classTrading Symbol(s)Name of each exchange on which registered
Ordinary SharesIMTENASDAQ Capital Market

Securities registered or to be registered pursuant to Section 12(g) of the Act.None

Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act.None

Indicate the number of outstanding shares of each of the issuer’s classes of capital or common stock as of the close of the period covered by the annual report.

The number of ordinary shares, as of September 30, 2024 is 3,431,434

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.☐ Yes☒ No

If this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.☐ Yes☒ No

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.☒ Yes ☐ No

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).☒ Yes ☐ No

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or an emerging growth company. See definition of “large accelerated filer”, “accelerated filer” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer ☐Accelerated filer ☐Non-accelerated filer ☒
Emerging growth company ☒

If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, 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.☐

Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.☐

If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements.☐

Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐

Indicate by check mark which basis of accounting the registrant has used to prepare the financial statements included in this filing:

U.S. GAAP ☐International Financial Reporting Standards as issued by the International Accounting Standards Board☒Other ☐

If “Other” has been checked in response to the previous question, indicate by check mark which financial statement item the registrant has elected to follow.☐ Item 17☐ Item 18

If this is an annual report, indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

☐ Yes☒ No

TABLE OF CONTENTS

INTRODUCTIONii
PART I1
Item 1.Identity of Directors, Senior Management and Advisers1
Item 2.Offer Statistics and Expected Timetable1
Item 3.Key Information1
Item 4.Information on the Company28
Item 4A.Unresolved Staff Comments45
Item 5.Operating and Financial Review and Prospects45
Item 6.Directors, Senior Management and Employees54
Item 7.Major Shareholders and Related Party Transactions63
Item 8.Financial Information65
Item 9.The Offer and Listing65
Item 10.Additional Information65
Item 11.Quantitative and Qualitative Disclosures About Market Risks79
Item 12.Description of Securities Other than Equity Securities79
PART II80
Item 13.Defaults, Dividend Arrearages and Delinquencies80
Item 14.Material Modifications to the Rights of Security Holders and Use of Proceeds80
Item 15.Controls and Procedures80
Item 15TControls and Procedures81
Item 16Reserved81
Item 16A.Audit Committee Financial Expert81
Item 16B.Code of Ethics82
Item 16C.Principal Accountant Fees and Services82
Item 16D.Exemptions from the Listing Standards for Audit Committees83
Item 16E.Purchases of Equity Securities by the Issuer and Affiliated Purchasers83
Item 16F.Change in Registrant’s Certifying Accountant83
Item 16G.Corporate Governance83
Item 16H.Mine Safety Disclosure83
Item 16I.Disclosure Regarding Foreign Jurisdictions that Prevent Inspections.83
PART III84
Item 17.Financial Statements84
Item 18.Financial Statements84
Item 19.Exhibits85
SIGNATURES86

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