IMAC Appoints New CEO, CFO, and Directors
Ticker: IMAQW · Form: 8-K · Filed: Jun 26, 2024 · CIK: 1846235
Sentiment: neutral
Topics: management-change, board-of-directors, executive-appointment
TL;DR
IMAC just swapped out its CEO and CFO, bringing in Jianjun Li for both roles.
AI Summary
International Media Acquisition Corp. announced on June 20, 2024, changes in its board of directors and executive officers. Specifically, the company elected two new directors, Ms. Jian Li and Mr. Jianjun Li, and appointed Mr. Jianjun Li as Chief Executive Officer and Chief Financial Officer. These changes are effective immediately.
Why It Matters
Changes in leadership can signal a shift in strategy or operational focus for the company, potentially impacting its future performance and shareholder value.
Risk Assessment
Risk Level: medium — Changes in key executive positions and board composition can introduce uncertainty regarding the company's future direction and stability.
Key Players & Entities
- International Media Acquisition Corp. (company) — Registrant
- Jian Li (person) — Newly elected director
- Jianjun Li (person) — Newly elected director, CEO, and CFO
FAQ
Who were the individuals elected as new directors?
Ms. Jian Li and Mr. Jianjun Li were elected as new directors.
What new roles did Jianjun Li assume?
Mr. Jianjun Li was appointed as Chief Executive Officer and Chief Financial Officer.
When were these changes effective?
The changes were effective as of June 20, 2024.
What is the company's state of incorporation?
The company is incorporated in Delaware.
What is the company's SIC code?
The company's Standard Industrial Classification code is 7812, for SERVICES-MOTION PICTURE & VIDEO TAPE PRODUCTION.
Filing Stats: 489 words · 2 min read · ~2 pages · Grade level 11.9 · Accepted 2024-06-26 14:08:04
Key Financial Figures
- $20,000 — 25, 2024, the Company made a deposit of $20,000 (the "Extension Payment") to the trust
Filing Documents
- imac_8k.htm (8-K) — 29KB
- 0001654954-24-008225.txt ( ) — 176KB
- imac-20240620.xsd (EX-101.SCH) — 6KB
- imac-20240620_lab.xml (EX-101.LAB) — 17KB
- imac-20240620_cal.xml (EX-101.CAL) — 1KB
- imac-20240620_pre.xml (EX-101.PRE) — 12KB
- imac-20240620_def.xml (EX-101.DEF) — 5KB
- imac_8k_htm.xml (XML) — 7KB
01. Other Events
Item 8.01. Other Events On June 25, 2024, the Company made a deposit of $20,000 (the "Extension Payment") to the trust account to extend the period of time the Company has to consummate an initial business combination from July 2, 2024 to August 2, 2024. 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: June 26, 2024 INTERNATIONAL MEDIA ACQUISITION CORP. By: /s/ Shibasish Sarkar Name: Shibasish Sarkar Title: Chief Executive Officer 3