International Media Acquisition Corp. Extends SPAC Deadline with $2,000 Deposit

What Happened
International Media Acquisition Corp. announced on August 24, 2026 (filed on Form 8-K) that it made a $2,000 deposit into its trust account as an "Extension Payment." The payment extends the period to consummate an initial business combination (i.e., merger/acquisition) from September 2, 2026 to October 2, 2026. The company attached an extension letter as an exhibit to the filing.

Key Details

• Company: International Media Acquisition Corp.
• Filing date: August 24, 2026 (Form 8-K, Item 8.01)
• Extension payment amount: $2,000 deposited to the trust account
• New deadline to complete an initial business combination: October 2, 2026 (previously September 2, 2026)

Why It Matters
This filing affects investors in the SPAC because it formally extends the time available to complete a merger or acquisition. The modest $2,000 payment indicates a short, one-month extension rather than a long runway increase; investors should note the new cutoff date (October 2, 2026) for any potential combination, redemptions, or other trust-account actions. The exhibit (extension letter) provides the official documentation of the change.