---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-024202"
form_type: "8-K"
ticker: "IMAQ"
cik: "0001846235"
company_name: "International Media Acquisition Corp."
filed_at: "2025-03-14T23:59:59+00:00"
generated_at: "2026-05-24T18:49:05.446642+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# IMAQ CEO resigns; new CEO appointed; sponsor debt converted to shares; trust extended to April 2

## Summary
- Shibasish Sarkar resigned as CEO and Class I director effective March 11, 2025; not due to disagreement.
- Yu-Fang Chiu appointed CEO, CFO, and Chairman of the Board; previously President of Joint Consulting CO., LTD.
- Sponsor to receive 206,656 shares in full settlement of $1.795M in promissory notes upon business combination.
- Company deposited $2,000 to extend trust deadline from March 2, 2025 to April 2, 2025.
- Indemnity agreements with Shibasish Sarkar and Vishwas Joshi terminated as buyer closing condition.

## SEC filing metadata
- accession: 0001213900-25-024202
- form_type: 8-K
- ticker: IMAQ
- cik: 0001846235
- company_name: International Media Acquisition Corp.
- filed_at: 2025-03-14T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 1.02, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1846235/000121390025024202/0001213900-25-024202-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1846235/000121390025024202/ea0234434-8k_inter.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-024202
- JSON: https://secwatch.observer/filing/0001213900-25-024202.json
- Plain text: https://secwatch.observer/filing/0001213900-25-024202.txt

## Key facts
- Executive change
  Yu-Fang Chiu was appointed as Chief Executive Officer, Chief Financial Officer, and Chairman of the Board at International Media Acquisition Corp..
  - Action: appointed
  - Role: Chief Executive Officer, Chief Financial Officer, and Chairman of the Board
  source text: On March 11, 2025, the Board appointed Ms. Yu-Fang Chiu to serve as Chief Executive Officer, Chief Financial Officer, and Chairman of the Board, to serve until the Company’s annual meeting to be held in 2028 and until her successor is duly elected and qualified or until her earlier death, resignation or removal.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1846235/000121390025024202/0001213900-25-024202-index.htm
- Executive change
  Shibasish Sarkar resigned as Chief Executive Officer at International Media Acquisition Corp..
  - Action: resigned
  - Role: Chief Executive Officer
  source text: On March 11, 2025, Mr. Shibasish Sarkar notified International Media Acquisition Corp. (the “Company”) of his decision to resign as the Chief Executive Officer and as Class I director of the Company’s board of directors (the “Board”) effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1846235/000121390025024202/0001213900-25-024202-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.