An announcement from International Media Acquisition ( (IMAQ) ) is now available.
On March 11, 2025, International Media Acquisition Corp. (IMAQ) amended four promissory notes with Content Creation Media LLC, resulting in the issuance of 206,656 shares of common stock to the sponsor, subject to a 12-month lock-up period. Additionally, IMAQ entered into a joinder agreement with JC Unify Capital (Holdings) Limited, further solidifying its stock escrow arrangements. In a significant leadership change, Shibasish Sarkar resigned as CEO and Chairman, with Yu-Fang Chiu appointed as his successor. The company also extended its business combination deadline to April 2, 2025, by making a $2,000 deposit.
More about International Media Acquisition
YTD Price Performance: -6.66%
Average Trading Volume: 731
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $74.35M
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