International Media Acquisition Corp is a special purpose acquisition company incorporated in Delaware with the intent to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more media, entertainment or communications businesses. As a blank check company, it holds its assets in trust until it identifies a suitable target, at which point it seeks shareholder approval to complete a business combination.
The company completed its initial public offering in 2021, and its units and warrants trade on the Nasdaq under the symbols IMAQ and IMAQW, respectively. Through its listing, International Media Acquisition Corp aims to leverage the resources of public markets to pursue growth opportunities in an industry characterized by shifting consumer habits, digital distribution models and content monetization strategies.
International Media Acquisition Corp’s management team is composed of professionals with backgrounds in finance, media operations and strategic advisory roles, positioning the company to evaluate potential targets across a range of sub-sectors, including film and television production, digital streaming platforms, advertising technology and related content services. Until a transaction is completed, the company maintains no ongoing business operations beyond those incidental to its pursuit of a qualifying acquisition.
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