International Media Acquisition Corp.

Previous wording

For the three months ended September 30, 2025, we had net loss of $96,967, which consisted of operating costs of $99,876, franchise tax of $40,000, income tax provision of $(1,667) and change in warrant liability of $7,172, partially offset by interest income on investments held in the trust account of $34,069. For the three months ended September 30, 2024, we had had net loss of $170,303, which consisted of operating costs of $152,957, franchise tax of $50,000, income tax provision of $27,805 and change in warrant liability of $88,455, offset by interest income on investments held in the trust account of $148,914.

Current wording

For the three months ended December 31, 2025, we had net loss of $59,590 which consisted of operating costs of $63,853, franchise tax of $40,000, income tax provision of $(1,923) and change in warrant liability of $12,313, partially offset by interest income on investments held in the trust account of $30,027. For the three months ended December 31, 2024, we had had net loss of $160,073, which consisted of operating costs of $147,668, franchise tax of $50,000, income tax provision of $39,540 and change in warrant liability of $(54,987), offset by interest income on investments held in the trust account of $132,122.

Previous wording

For the six months ended September 30, 2025, we had a net loss of $217,047, which consisted of operating costs of $213,719, franchise tax of $66,200, income tax provision of $881 and an increase in warrant liability of $5,578, offset by interest income on investments held in the trust account of $69,331. For the six months ended September 30, 2024, we had a net loss of $325,170, which consisted of operating costs of $373,847, franchise tax of $100,000, income tax provision of $55,491 and an increase in warrant liability of $93,237, offset by interest income on investments held in the trust account of $297,405.

Current wording

For the nine months ended December 31, 2025, we had a net loss of $276,636, which consisted of operating costs of $277,572, franchise tax of $106,200, income tax provision of $(1,043) and change in warrant liability of $6,735, offset by interest income on investments held in the trust account of $99,357. For the nine months ended December 31, 2024, we had a net loss of $485,243 which consisted of operating costs of $521,515, franchise tax of**$150,000,** income tax provision of $95,031 and change in warrant liability of $(148,224), offset by interest income on investments held in the trust account of $429,527.

Previous wording

As of September 30, 2025, the Company had no cash and a working capital deficit of $7,049,524. Accumulated deficit balances were $15,083,870 and $14,852,574 as of September 30, 2025 and March 31, 2025, respectively. The Company has incurred and expects to continue to incur significant professional costs to remain as a publicly traded company and to incur significant transaction costs in pursuit of the consummation of a Business Combination. The Company may need to obtain additional financing either to complete its Business Combination or because it becomes obligated to redeem a significant number of public shares upon consummation of its Business Combination, in which case, subject to compliance with applicable securities laws, the Company may issue additional securities or incur debt in connection with such Business Combination.

Current wording

As of December 31, 2025, the Company had no cash and a working capital deficit of $7,117,454. Accumulated deficit balances were $15,141,411 and $14,852,574 as of December 31, 2025 and March 31, 2025, respectively. The Company has incurred and expects to continue to incur significant professional costs to remain as a publicly traded company and to incur significant transaction costs in pursuit of the consummation of a Business Combination. The Company may need to obtain additional financing either to complete its Business Combination or because it becomes obligated to redeem a significant number of public shares upon consummation of its Business Combination, in which case, subject to compliance with applicable securities laws, the Company may issue additional securities or incur debt in connection with such Business Combination.

Previous wording

As of September 30, 2025 and March 31, 2025, $2,943,971 and $ 2,659,713 were outstanding, respectively, under all the promissory notes issued to JC Unify.

Current wording

As of December 31, 2025 and March 31, 2025, $3,000,504 and $2,659,713 were outstanding, respectively, under all the promissory notes issued to JC Unify.

Previous wording

On November 14, 2023, the Company entered into an agreement with Loeb & Loeb LLP (“Loeb”), whereby Loeb agreed to accept a reduced amount of $300,000, of which $150,000 shall be deferred until the closing of the business combination in full and final satisfaction of all obligations owed to Loeb by the Company. The Company paid $150,000 on May 9, 2024. As of September 30, 2025 and March 31, 2025, a total amount of 247,963 (including $68,460 other legal fees) and $235,798 were outstanding and accrued, respectively.

Current wording

On November 14, 2023, the Company entered into an agreement with Loeb & Loeb LLP (“Loeb”), whereby Loeb agreed to accept a reduced amount of $300,000, of which $150,000 shall be deferred until the closing of the business combination in full and final satisfaction of all obligations owed to Loeb by the Company. The Company paid $150,000 on May 9, 2024. As of December 31, 2025 and March 31, 2025, a total amount of $261,263 (including $81,760 other legal fees) and $235,798 were outstanding and accrued, respectively.