{"url_path":"/sec/imaq/10-k/2026/item-5","section_key":"item-5","section_title":"Item 5 MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-06-25","source_url":"https://www.sec.gov/Archives/edgar/data/1846235/0001213900-26-072115-index.html","accession_number":"0001213900-26-072115","cik":"0001846235","ticker":"IMAQ","issuer_name":"International Media Acquisition Corp.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1846235/0001213900-26-072115-index.html","primary_entity_key":"0001846235","primary_entity_name":"International Media Acquisition Corp."},"word_count":368,"has_tables":true,"body_markdown":"ITEM\n5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES\n\n \n\nOur\nunits began to trade on The Nasdaq Global Market, or Nasdaq, under the symbol “IMAQU” on or about July 29, 2021, and the\nshares of common stock, rights and warrants began separate trading on Nasdaq under the symbols “IMAQ,” “IMAQR”\nand “IMAQW,” respectively, on or about August 17, 2021. Units not separated continued to trade on Nasdaq under the symbol\n“IMAQU”, until the Company’s securities were delisted on August 8, 2024. Subsequent to the delisting, the Company’s\nunits, common stock, rights and warrants are now quoted on Over-the-Counter (OTC) markets under the same symbols.\n\n \n\nHolders\nof Record\n\n \n\nAs\nof March 31, 2026, there were 6,836,594 of our shares of common stock issued and outstanding held by approximately 10 stockholders of\nrecord (including shares underlying units). The number of record holders was determined from the records of our transfer agent and does\nnot include beneficial owners of shares of common stock whose shares are held in the names of various security brokers, dealers, and\nregistered clearing agencies.\n\n  \n\nDividends\n\n \n\nWe\nhave not paid any cash dividends on our common stock to date and do not intend to pay cash dividends prior to the completion of an initial\nbusiness combination. The payment of cash dividends in the future will be dependent upon our revenues and earnings, if any, capital requirements\nand general financial condition subsequent to completion of a business combination. The payment of any dividends subsequent to a business\ncombination will be within the discretion of our board of directors at such time. It is the present intention of our board of directors\nto retain all earnings, if any, for use in our business operations and, accordingly, our board of directors does not anticipate declaring\nany dividends in the foreseeable future. In addition, our board of directors is not currently contemplating and does not anticipate declaring\nany share dividends in the foreseeable future. Further, if we incur any indebtedness, our ability to declare dividends may be limited\nby restrictive covenants we may agree to in connection therewith.\n\n \n\nSecurities\nAuthorized for Issuance Under Equity Compensation Plans\n\n \n\nNone.\n\n \n\nRecent\nSales of Unregistered Securities\n\n \n\nNone.\n\n \n\n49"}