International Media Acquisition Corp
For the period ended Sep 30, 2024. Filed Nov 13, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 13, 2024
Contents
Item 1. FINANCIAL STATEMENTS
| Condensed Balance Sheets as of September 30, 2024 (unaudited) and March 31, 2024 (audited) | 1 | |
| Condensed Statements of Operations for the six months ended September 30, 2024 and September 30, 2023 (unaudited) | 2 | |
| Condensed Statements of Changes in Stockholders’ Equity (Deficit) for the six months ended September 30, 2024 and September 30, 2023 (unaudited) | 3 | |
| Condensed Statements of Cash Flows for the six months ended September 30, 2024 and September 30, 2023 (unaudited) | 4 | |
| Notes to Unaudited Condensed Financial Statements | 5 | |
| Item 2. | MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS | 30 |
|---|---|---|
| Item 3. | QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK | 42 |
| Item 4. | CONTROLS AND PROCEDURES | 42 |
| PART II – OTHER INFORMATION | ||
| Item 1. | LEGAL PROCEEDINGS | 43 |
| Item 1A. | RISK FACTORS | 43 |
| Item 2. | UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS | 48 |
| Item 3. | DEFAULTS UPON SENIOR SECURITIES | 48 |
| Item 4. | MINE SAFETY DISCLOSURES | 48 |
| Item 5. | OTHER INFORMATION | 48 |
| Item 6. | EXHIBITS | 49 |
| SIGNATURES | 50 | |
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CAUTIONARY NOTE CONCERNING FORWARD-LOOKING STATEMENTS
This Quarterly Report on Form 10-Q includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), that are not historical facts, and involve risks and uncertainties that could cause actual results to differ materially from those expected and projected. All statements, other than statements of historical fact included in this Form 10-Q including, without limitation, statements in the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” regarding the Company’s financial position, business strategy and the plans and objectives of management for future operations, are forward-looking statements. Words such as “expect,” “believe,” “anticipate,” “intend,” “estimate,” “seek” and variations and similar words and expressions are intended to identify such forward-looking statements. Such forward-looking statements relate to future events or future performance, but reflect management’s current beliefs, based on information currently available. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements. For information identifying important factors that could cause actual results to differ materially from those anticipated in the forward-looking statements, please refer to the Risk Factors section of the Company’s Annual Report on Form 10-K for the fiscal year ended March 31, 2024 filed with the U.S. Securities and Exchange Commission (the “SEC”) on August 8, 2024 and the Company’s final prospectus for its initial public offering filed with the SEC on July 29, 2021. The Company’s securities filings can be accessed on the EDGAR section of the SEC’s website atwww.sec.gov. Except as expressly required by applicable securities law, the Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.