International Media Acquisition Corp. (IMAC) reported a net loss of USD 0.06 million for the three months ended December 31, 2025. The company's operating costs for the period totaled USD 0.06 million, with franchise tax expenses amounting to USD 0.04 million. IMAC recorded an income tax provision of negative USD 0.00 million and a change in warrant liability of USD 0.01 million. Interest income on investments held in the trust account contributed USD 0.03 million during the quarter. IMAC continues to focus on identifying a target company and executing a business combination, with no operating revenues generated for the period. The company incurs ongoing expenses related to public company requirements and due diligence activities. Management highlighted that forward-looking statements in its report may be subject to risks and uncertainties.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. International Media Acquisition Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-012330), on February 04, 2026, and is solely responsible for the information contained therein.