International Media Acquisition Corp.
International Media Acquisition Corp. (IMAQ) filed an SEC Form 8-K — Other Events. Exhibit 99.1 International Media Acquisition Corp. 1221 Brickell Avenue, Miami, FL 33131 September 22, 2026 Continental Stock Transfer & Trust Company 1 State Street, 30 th Floor New York, N.Y. 10004 Attn: Francis Wolf and Celeste Gonzalez Re: Trust Account Extension Letter Ladie
How this was made
The 30-second read
Why it matters
The new applicable deadline (Nov 2, 2026) changes the time horizon for completing the transaction and can shift expectations around deal certainty and redemption behavior.
Market read
A concrete deadline extension for IMAQ can affect near-term positioning in the units/shares and redemption-related expectations, even without new deal details.
What to watch
Traders may also focus on whether additional extension letters are likely, any changes in redemption mechanics, and whether the market expects a definitive agreement before Nov 2.
Background
The 8-K Item 8.01 includes an extension letter under the Investment Management Trust Agreement, extending the time to consummate a business combination.
Ticker impact
IMAQ extends its business-combination deadline by one month, moving the applicable deadline from Oct 2, 2026 to Nov 2, 2026.
Near-term trading may be range-bound, with volatility tied to how the market interprets the likelihood of completing the business combination by the new Nov 2 deadline.
This is a SPAC-style trust/extension notice with a concrete deadline change, but it does not disclose new deal terms, target identity, or definitive transaction progress beyond the extension mechanics.
Market effects
Adds another data point on SPAC deal timelines and the frequency of deadline extensions, which can marginally influence sentiment toward SPACs/blank-check structures.
Limited, primarily affects US-listed SPAC investors.
Low, as the event is company-specific and not tied to global macro or cross-border regulation.
Counterpoint
The extension could be interpreted as a sign the deal is not on track, potentially increasing redemption pressure rather than reducing it.
Key entities
- SPACInternational Media Acquisition Corp.
The issuer extending the business-combination deadline by one month via a trust agreement extension notice.
- TrusteeContinental Stock Transfer & Trust Company
Trustee receiving authorization to deposit $2,000 into the trust account investments upon receipt.
- Financial servicesChardan Capital Markets, LLC
Named as a cc on the extension letter.
