IMAQ on OTC
International Media Acquisition Corp.
American motion picture and video tape production services company. Summary from the record
Price unavailable
Last updated Oct 19, 2026.
Overview
-$344.8KNet income, fiscal 20262
- TickerIMAQ on OTC1
- IndustryServices-Motion Picture & Video Tape Production1
- HeadquartersNorth Brunswick, New Jersey1
- Incorporated inDE3
- Business address1604 Hwy 130, North Brunswick, Nj 089023
- Filer category, Emerging growth company3
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Private Units, at a price of $10.00 per Private Unit, in a private placement to the Prior Sponsor, generating gross proceeds of $825,000.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.2
| Period ending | 2026-03-31 | 2025-03-31 |
|---|---|---|
| General and administrative expenses | $331.2K | $734.8K |
| Franchise tax expense | $129.8K | $208.4K |
| Loss from operations | -$461.0K | -$943.2K |
| Liabilities written back | $142.3K | |
| Change in fair value of warrant liability | $7.1K | $12.7K |
| Interest and dividend income on investments held in trust account | $126.4K | $502.7K |
| Loss before provision for income taxes | -$327.5K | -$285.4K |
| Provision for income taxes | $17.3K | $122.8K |
| Net loss | -$344.8K | -$408.1K |
| Weighted average shares outstanding, basic | 6.9M shares | 7.4M shares |
| Weighted average shares outstanding, diluted (in Shares) | 6.9M shares | 7.4M shares |
| Basic net loss per common share (in Dollars per share) | -$0.05 | -$0.06 |
| Diluted net loss per common share (in Dollars per share) | -$0.05 | -$0.06 |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.2
| Period ending | 2026-03-31 | 2025-03-31 | 2024-03-31 |
|---|---|---|---|
| Cash | $241.5K | $1.0K | |
| Loan receivable - Target company | $499.9K | ||
| Other receivable | $10.0K | ||
| Prepaid franchise taxes | $33.2K | ||
| Prepaid expenses | $18.3K | $17.6K | |
| Total Current Assets | $551.4K | $269.1K | |
| Investments held in Trust Account | $3.5M | $3.4M | |
| Total Assets | $4.0M | $3.6M | |
| Accounts payable and accrued expenses | $962.5K | $957.6K | |
| Due to Prior Sponsor | $656.9K | $656.9K | |
| Excise tax payable | $12.7K | $91.9K | |
| Income tax payable | $118.7K | $254.7K | |
| Total Current Liabilities | $7.8M | $7.1M | |
| Deferred underwriting fee payable | $8.1M | $8.1M | |
| Warrant liability | $11.2K | $18.3K | |
| Total Liabilities | $15.8M | $15.1M | |
| 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 | $3.4M | $3.4M | |
| 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 | -$15.2M | -$14.9M | |
| Total Stockholders Deficit | -$15.2M | -$14.9M | -$14.0M |
| Total Liabilities and Stockholders Deficit | $4.0M | $3.6M | |
| Common stock subject to possible redemption, shares issued (in Shares) | 289.7K shares | 289.7K shares | |
| Common stock subject to possible redemption, shares outstanding (in Shares) | 289.7K shares | 289.7K shares | |
| Common stock subject to possible redemption, value (in Dollars per share) | $11.91 | $11.66 | |
| Preferred stock, par value (in Dollars per share) | $0.00 | $0.00 | |
| Preferred stock, shares authorized (in Shares) | 5.0M shares | 5.0M shares | |
| Common shares, par value (in Dollars per share) | $0.00 | $0.00 | |
| Common shares, shares authorized (in Shares) | 500.0M shares | 500.0M shares | |
| Common shares, shares issued (in Shares) | 6.5M shares | 6.5M shares | |
| Common stock, shares outstanding (in Shares) | 6.5M shares | 6.5M shares |
| Period ending | 2026-03-31 | 2025-03-31 | 2024-03-31 |
|---|---|---|---|
| Cash | $241.5K | $1.0K | |
| Loan receivable - Target company | $499.9K | ||
| Other receivable | $10.0K | ||
| Prepaid franchise taxes | $33.2K | ||
| Prepaid expenses | $18.3K | $17.6K | |
| Total Current Assets | $551.4K | $269.1K | |
| Investments held in Trust Account | $3.5M | $3.4M | |
| Total Assets | $4.0M | $3.6M | |
| Accounts payable and accrued expenses | $962.5K | $957.6K | |
| Due to Prior Sponsor | $656.9K | $656.9K | |
| Excise tax payable | $12.7K | $91.9K | |
| Income tax payable | $118.7K | $254.7K | |
| Total Current Liabilities | $7.8M | $7.1M | |
| Deferred underwriting fee payable | $8.1M | $8.1M | |
| Warrant liability | $11.2K | $18.3K | |
| Total Liabilities | $15.8M | $15.1M | |
| 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 | $3.4M | $3.4M | |
| 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 | -$15.2M | -$14.9M | |
| Total Stockholders Deficit | -$15.2M | -$14.9M | -$14.0M |
| Total Liabilities and Stockholders Deficit | $4.0M | $3.6M | |
| Common stock subject to possible redemption, shares issued (in Shares) | 289.7K shares | 289.7K shares | |
| Common stock subject to possible redemption, shares outstanding (in Shares) | 289.7K shares | 289.7K shares | |
| Common stock subject to possible redemption, value (in Dollars per share) | $11.91 | $11.66 | |
| Preferred stock, par value (in Dollars per share) | $0.00 | $0.00 | |
| Preferred stock, shares authorized (in Shares) | 5.0M shares | 5.0M shares | |
| Common shares, par value (in Dollars per share) | $0.00 | $0.00 | |
| Common shares, shares authorized (in Shares) | 500.0M shares | 500.0M shares | |
| Common shares, shares issued (in Shares) | 6.5M shares | 6.5M shares | |
| Common stock, shares outstanding (in Shares) | 6.5M shares | 6.5M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.2
| Period ending | 2026-03-31 | 2025-03-31 |
|---|---|---|
| Net loss | -$344.8K | -$408.1K |
| Interest and dividend income on investments held in trust account | -$126.4K | -$502.7K |
| Change in fair value of warrant liability | -$7.1K | -$12.7K |
| Prepaid expenses | -$745 | $1.4K |
| Prepaid franchise taxes | -$33.2K | |
| Other receivable | $10.0K | |
| Accounts payable and accrued expenses | $4.8K | -$717.0K |
| Excise tax paid | -$113.5K | |
| Income tax payable | -$136.0K | -$171.2K |
| Net cash used in operating activities | -$633.4K | -$1.9M |
| Cash advanced to target company | -$499.9K | |
| Cash deposited in Trust Account | -$24.0K | -$188.0K |
| Cash withdrawn from trust account to pay franchise tax | $80.0K | $755.0K |
| Cash withdrawn from trust account in connection with redemption | $7.9M | |
| Net cash (used in) provided by investing activities | -$443.9K | $8.5M |
| Proceeds from loan - JC Unify | $161.1K | $1.6M |
| Proceeds from promissory note - Wei-Hua Chang | $674.7K | |
| Redemption of common stock | -$7.9M | |
| Net cash provided by (used in) financing activities | $835.8K | -$6.3M |
| Net Change in Cash | -$241.5K | $240.5K |
| Accretion of Public Shares to redemption value | $24.1K | $359.6K |
No quarter-by-quarter statement was filed.
Compare International Media Acquisition Corp. with another company
Leadership
Who has led International Media Acquisition Corp., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
2025
- Chief executive officerYu-Fang Chiu Mar 20, 2025 to now12
- Chief executive officerShibasish Sarkar Jul 28, 2021 to Sep 21, 202113
- Chief financial officerYu-Fang Chiu Mar 20, 2025 to now12
- Chief financial officerVishwas Joshi Jul 28, 2021 to Jul 28, 202114
Board members and other officers (16)
- Board memberYu-Fang Chiu Mar 20, 2025 to now12
- Board memberChih-Young Hung Jul 1, 2024 to now15
- Board memberClaudius Tsang Jul 1, 2024 to now16
- Board memberDaung-Yen Lu Jul 1, 2024 to now17
- Board memberYu Ping Tsai Jul 3, 2024 to now18
- Board memberCheng Hsu-Kao Aug 15, 2024 to now19
- Board memberHsu Ming Hsien Aug 15, 2024 to now20
- Board memberTao-Chou Chang Aug 15, 2024 to now21
- Board memberDavid M. Taghioff Jul 28, 2021 to Jul 28, 202122
- Board memberDeepak Nayar Jul 28, 2021 to Jul 28, 202123
- Board memberGregory R. Silverman Jul 28, 2021 to Jul 28, 202124
- Board memberPaul Pelosi Jr. Jul 28, 2021 to Jul 28, 202125
- Board memberSanjay Wadhwa Jul 28, 2021 to Jul 28, 202126
- Board memberShibasish Sarkar Jul 28, 2021 to Sep 21, 202113
- Board memberSuresh Ramamurthi Jul 28, 2021 to Jul 28, 202127
- Board memberKlaas P. Baks Sep 21, 2021 to Sep 21, 202128
Timeline
Filings
156 filings to the SEC since October 2021: 6 annual reports, 16 quarterly reports, 68 major events, 11 insider forms, 14 large holders, 41 other. The latest 20:
- Sep 23, 20268-K CURRENT REPORT EDGAR
- Aug 24, 20268-K CURRENT REPORT EDGAR
- Aug 7, 202610-Q QUARTERLY REPORT EDGAR
- Jul 27, 20268-K CURRENT REPORT EDGAR
- Jun 26, 20268-K CURRENT REPORT EDGAR
- Jun 26, 202610-K/A AMENDMENT NO. 1 TO FORM 10-K EDGAR
- Jun 25, 202610-K ANNUAL REPORT EDGAR
- Jun 1, 20268-K CURRENT REPORT EDGAR
- May 5, 2026425 CURRENT REPORT EDGAR
- May 5, 20268-K CURRENT REPORT EDGAR
- Apr 27, 20268-K CURRENT REPORT EDGAR
- Mar 27, 20268-K CURRENT REPORT EDGAR
- Feb 26, 20268-K CURRENT REPORT EDGAR
- Feb 4, 202610-Q QUARTERLY REPORT EDGAR
- Jan 28, 20268-K CURRENT REPORT EDGAR
- Dec 29, 20258-K CURRENT REPORT EDGAR
- Nov 26, 20258-K CURRENT REPORT EDGAR
- Nov 13, 202510-Q QUARTERLY REPORT EDGAR
- Oct 27, 20258-K CURRENT REPORT EDGAR
- Sep 26, 20258-K CURRENT REPORT EDGAR
The 156 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Yu-Fang ChiuSCHEDULE 13D, 1 filing Mar 18, 202529
- ATW SPAC MANAGEMENT LLCSC 13G/A, 2 filings Feb 14, 2022 to Feb 14, 202330
- MMCAP International Inc. SPCSC 13G/A, 2 filings Feb 7, 2022 to Feb 14, 202331
- Polar Asset Management Partners Inc.SC 13G/A, 2 filings Feb 9, 2022 to Feb 13, 202332
- BOOTHBAY FUND MANAGEMENT, LLCSC 13G/A, 2 filings Feb 10, 2022 to Jan 31, 202333
- HIGHBRIDGE CAPITAL MANAGEMENT LLCSC 13G/A, 2 filings Feb 3, 2022 to Jan 25, 202334
- D. E. SHAW & CO, L.P.SC 13G/A, 1 filing Feb 14, 202235
- Shibasish SarkarSC 13G, 1 filing Feb 14, 202236
- Space Summit Capital LLCSC 13G/A, 1 filing Feb 3, 202237
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 15SEC EDGARChih-Young Hung, Board member
- 16SEC EDGARClaudius Tsang, Board member
- 17SEC EDGARDaung-Yen Lu, Board member
- 18SEC EDGARYu Ping Tsai, Board member
- 19SEC EDGARCheng Hsu-Kao, Board member
- 20SEC EDGARHsu Ming Hsien, Board member
- 21SEC EDGARTao-Chou Chang, Board member
- 22SEC EDGARDavid M. Taghioff, Board member
- 23SEC EDGARDeepak Nayar, Board member
- 24SEC EDGARGregory R. Silverman, Board member
- 25SEC EDGARPaul Pelosi Jr., Board member
- 26SEC EDGARSanjay Wadhwa, Board member
- 27SEC EDGARSuresh Ramamurthi, Board member
- 28SEC EDGARKlaas P. Baks, Board member
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