IMAQ enters $300M equity line with White Lion Capital; contingent on VCI Biofuels deal closing

International Media Acquisition Corp.

Equity line of up to $300M (option to $500M) with White Lion Capital; company may require investor to purchase common stock.
Purchase price: lower of prior closing or 98% of 2-day VWAP; max $5M per regular purchase notice, subject to volume limits.
Investor receives $1M in commitment shares, issued upon BCA Closing with VCI Biofuels Group; registration required within 30 days.
Drawdowns begin after business combination closes; commitment period ends after 36 months or when $500M is reached.
Conditions include effective registration, no material adverse change, and beneficial ownership cap of 4.99%.

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