International Media Acquisition Corp.
For the period ended Mar 31, 2026. Filed Jun 25, 2026.
View on SEC.govAbout this filing
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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
Statements of Cash Flows
STATEMENT OF CASH FLOWS
| For the Year Ended March 31, | |||
|---|---|---|---|
| 2026 · 2025 | |||
| Cash Flows from Operating Activities: | |||
| Net loss | $(344,794) | $(408,107) | |
| Adjustments to reconcile net income to net cash used in operating activities: | |||
| Interest and dividend income on investments held in trust account | (126,434) | (502,745) | |
| Change in fair value of warrant liability | (7,093) | (12,749) | |
| Changes in operating assets and liabilities: | |||
| Prepaid expenses | (745) | 1,374 | |
| Prepaid franchise taxes | (33,212) | - | |
| Other receivable | 10,000 | - | |
| Accounts payable and accrued expenses | 4,830 | (717,039) | |
| Excise tax paid | - | (113,468) | |
| Income tax payable | (135,965) | (171,238) | |
| Net cash used in operating activities | (633,413) | (1,923,972) | |
| Cash Flows from Investing Activities: | |||
| Cash advanced to target company | (499,900) | - | |
| Cash deposited in Trust Account | (24,000) | (188,000) | |
| Cash withdrawn from trust account to pay franchise tax | 80,000 | 754,995 | |
| Cash withdrawn from trust account in connection with redemption | - | 7,919,296 | |
| Net cash (used in) provided by investing activities | (443,900) | 8,486,291 | |
| Cash Flows from Financing Activities: | |||
| Proceeds from loan - JC Unify | 161,093 | 1,597,481 | |
| Proceeds from promissory note - Wei-Hua Chang | 674,672 | - | |
| Redemption of common stock | - | (7,919,296) | |
| Net cash provided by (used in) financing activities | 835,765 | (6,321,815) | |
| Net Change in Cash | (241,548) | 240,504 | |
| Cash - Beginning of period | 241,548 | 1,044 | |
| Cash - End of period | $ | - | $241,548 |
| Non-cash investing and financing activities | |||
| Accretion of Public Shares to redemption value | $24,074 | $359,636 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.