International Media Acquisition Corp. extended its business combination deadline from April 2, 2026 to May 2, 2026 by depositing $2,000 into its trust account. This marks the 16th extension under the company's trust agreement.
Key takeaways
The company extended the deadline to consummate a business combination by one month, from April 2, 2026 to May 2, 2026.
A payment of $2,000 was deposited into the trust account to facilitate the extension.
This extension represents the 16th of the twenty-four permitted extension letters under the Trust Agreement.
The Trust Agreement was originally dated July 28, 2021 and has been amended multiple times, most recently on December 31, 2024.