International Media Acquisition Corp.
For the period ended Mar 31, 2026. Filed Jun 25, 2026.
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FY2026 · Filed Jun 25, 2026
IMAQ$10.350.0%Stored close · as of Jul 8, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Balance Sheets
| March 31, | |||
|---|---|---|---|
| 2026 · 2025 | |||
| ASSETS | |||
| Current Assets | |||
| Cash | $ | - | $241,548 |
| Loan receivable - Target company | 499,900 | - | |
| Other receivable | - | 10,000 | |
| Prepaid franchise taxes | 33,212 | - | |
| Prepaid expenses | 18,328 | 17,583 | |
| Total Current Assets | 551,440 | 269,131 | |
| Investments held in Trust Account | 3,450,760 | 3,380,327 | |
| Total Assets | $4,002,200 | $3,649,458 | |
| LIABILITIES AND STOCKHOLDERS’ DEFICIT | |||
| Current Liabilities: | |||
| Accounts payable and accrued expenses | $962,456 | $957,626 | |
| Due to Prior Sponsor | 656,913 | 656,913 | |
| Promissory notes- Prior Sponsor | 2,445,000 | 2,445,000 | |
| Promissory notes - JC Unify | 2,900,000 | 2,659,713 | |
| Promissory note - Wei-Hua Chang | 674,672 | - | |
| Excise tax payable | 12,727 | 91,920 | |
| Income tax payable | 118,717 | 254,683 | |
| Total Current Liabilities | 7,770,485 | 7,065,855 | |
| Deferred underwriting fee payable | 8,050,000 | 8,050,000 | |
| Warrant liability | 11,237 | 18,330 | |
| Total Liabilities | 15,831,722 | 15,134,185 | |
| Commitments (see Note 6) | |||
| Common stock subject to possible redemption: 289,694 and 289,694 shares issued and outstanding at $11.91 and $11.66 redemption value as of March 31, 2026 and 2025, respectively | 3,391,265 | 3,367,192 | |
| Stockholders’ Deficit | |||
| Preferred stock, $0.0001 par value; 5,000,000 shares authorized; none issued and outstanding | - | - | |
| Common stock, $0.0001 par value; 500,000,000 shares authorized; 6,546,900 shares issued and outstanding (excluding 289,694 shares subject to possible redemption as of March 31, 2026 and 2025) | 655 | 655 | |
| Accumulated deficit | (15,221,442) | (14,852,574) | |
| Total Stockholders’ Deficit | (15,220,787) | (14,851,919) | |
| Total Liabilities and Stockholders’ Deficit | $4,002,200 | $3,649,458 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.