International Media Acquisition Corp. SEC 10-Q Report — TradingView News
International Media Acquisition Corp. SEC 10-Q Report — TradingView News
Publish Date: 2026-02-04 16:51:00
Source Domain: www.tradingview.com
International Media Acquisition Corp. (IMAC), a blank check company formed to effectuate a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, has released its Form 10-Q report for the quarter ended December 31, 2025. The report provides a detailed overview of the company’s financial performance and operational activities during the period.
Financial Highlights
For the three months ended December 31, 2025, IMAC reported a net loss of $59,590. This loss reflects operating costs of $63,853, franchise tax of $40,000, income tax provision of $(1,923), and a change in warrant liability of $12,313, partially offset by interest income on investments held in the trust account of $30,027.
For the nine months ended December 31, 2025, the company reported a net loss of $276,636. This includes operating costs of $277,572, franchise tax of $106,200, income tax provision of $(1,043), and a change in warrant liability of $6,735, offset by interest income on investments held in the trust account of $99,357.
Comparatively, for the three months ended December 31, 2024, IMAC reported a net loss of $160,073, which consisted of operating costs of $147,668, franchise tax of $50,000, income tax provision of $39,540, and a change in warrant liability of $(54,987), offset by interest income on investments held in the trust account of $132,122.
For the nine months ended December 31, 2024, the company reported a net loss of $485,243, which included operating costs of $521,515, franchise tax of $150,000, income tax provision of $95,031, and a change in warrant liability of $(148,224), offset by interest income on investments held in the trust account of $429,527.
Business Highlights
Company Overview: International Media Acquisition Corp. is a blank check company formed to effectuate a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination…
