International Media Acquisition Corp (NASDAQ: IMAQR) is a special purpose acquisition company formed to effect a merger, share exchange, asset acquisition or similar business combination with one or more businesses in the media, entertainment and consumer technology sectors. Organized as a blank‐check company under Delaware law, IMAQR provides public equity capital and a management platform designed to partner with a target company to accelerate growth and value creation in dynamic content and distribution markets.
The company completed its initial public offering in late 2021, raising gross proceeds through the sale of units, each consisting of one share of common stock and one‐half of a warrant, thereby creating a trust to fund its acquisition strategy. With its listing on Nasdaq, IMAQR targets opportunities across digital media, streaming services, gaming and adjacent entertainment verticals, seeking businesses with strong growth prospects, recurring revenue models and scalable technology or content libraries.
International Media Acquisition’s management team comprises professionals with extensive backgrounds in media operations, digital content production, marketing and corporate finance. The board and advisory group draw upon decades of experience at major studios, technology platforms and investment firms to evaluate potential partners, structure transactions and support post‐combination growth initiatives. Headquartered in New York, IMAQR maintains flexibility to pursue acquisitions on a domestic or international basis, leveraging industry relationships to identify and execute value‐driving combinations.
AI Generated. May Contain Errors.