IMAQ enters $1B SPAC merger with Vietnam Biofuels Development JSC

International Media Acquisition Corp.

Aggregate consideration of $1,000,000,000 payable in 90M Class A and 10M Class B ordinary shares at $10.00/share.
IMAQ to redomesticate from Delaware to British Virgin Islands via merger into wholly-owned subsidiary Purchaser.
Target includes VCI Holdings Limited and Vietnam Biofuels Development JSC; combined entity to list on US exchange.
Support agreement from principal shareholders; additional agreements include registration rights and lock-up.
Closing conditions include SEC effectiveness, Nasdaq listing approval, and no material adverse effect.

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