International Media Acquisition Corp. — fact timeline

International Media Acquisition Corp. amended Amended and Restated Merger Agreement with VCI Holdings Limited, Vietnam Biofuels Development Joint Stock Company, Ethanol Quang Nam Production Company Limited, Valix Limited, Newbio Merger Limited valued at Issuance of up to 98,000,000 Purchaser Class A Ordinary Shares and 2,000,000 Purchaser Class B Ordin (effective 2026-04-30).

“On April 30, 2026, IMAQ entered into an amended and restated merger agreement (as amended from time to time, the “ Merger Agreement ”) by and among (i) IMAQ, (ii) VCI, (iii) Ethanol Quang Nam Production Company Limited (“ EQN ”, together with VCI and their respective subsidiaries, the “ Company Group ”), (iv) VNB, (v) Valix Limited, a British Virgin Islands business company (the “ Purchaser ”), and (vi) Newbio Merger Limited, a British Virgin Islands business company (“ Merger Sub ”), to amend and restate the Original Merger Agreement.”

Yu-Fang Chiu was appointed as Chief Executive Officer, Chief Financial Officer, and Chairman of the Board at International Media Acquisition Corp..

“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.”

Shibasish Sarkar resigned as Chief Executive Officer at International Media Acquisition Corp..

“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.”

International Media Acquisition Corp.: Amended certificate of incorporation to extend deadline for initial business combination from January 2, 2025 to January 2, 2027, with monthly extension deposits (effective 2024-12-31).

“the Company filed a certificate of amendment to its amended and restated certificate of incorporation (the “Extension Charter Amendment”) which became effective upon filing on December 31, 2024. The Extension Charter Amendment extends the deadline by which IMAQ must consummate an initial business combination for twenty-four (24) additional one (1) month periods from January 2, 2025 to January 2, 2027”

Tao-Chou Chang was appointed as Director at International Media Acquisition Corp..

“Also on August 6, 2024, the Board appointed Mr. Tao-Chou Chang to fill the vacancy on and serve as a member of the Board”

Hsu-Kao Cheng was appointed as Director at International Media Acquisition Corp..

“On August 6, 2024, the Board appointed Mr. Hsu-Kao Cheng to fill the vacancy on and serve as a member of the Board”

Yao Chin Chen resigned as Director at International Media Acquisition Corp..

“On August 6, 2024, Mr. Yao Chin Chen (Jim Chen) notified International Media Acquisition Corp. that he is resigning from the Board of the Company effective immediately.”

Claudius Tsang resigned as Director at International Media Acquisition Corp..

“On July 4, 2024, Mr. Claudius Tsang notified the Company that he is resigning from the Board of the Company effective immediately.”

Yu-Ping Tsai resigned as Director at International Media Acquisition Corp..

“On July 2, 2024, Mr. Yu-Ping Tsai notified the Company that he is resigning from the Board of the Company effective immediately.”

Daung-Yen Lu resigned as Director at International Media Acquisition Corp..

“On July 2, 2024, Mr. Daung-Yen Lu notified International Media Acquisition Corp. (“IMAQ” or the “Company”) that he is resigning from the Board of the Company effective immediately.”

Chih Young Hung resigned as Director at International Media Acquisition Corp..

“On June 20, 2024, Mr. Chih Young Hung notified International Media Acquisition Corp. (the “Company”) that he is resigning from the board of directors (the “ Board ”) of the Company effective immediately.”

International Media Acquisition Corp. entered into Promissory Note C with JC Unify Capital (Holdings) Limited valued at aggregate principal amount of up to $470,000 (effective 2024-02-27).

“On February 27, 2024, the Company issued an unsecured promissory note in the aggregate principal amount of up to $470,000 (the “ Promissory Note C ”) to JC Unify Capital (Holdings) Limited.”

International Media Acquisition Corp. entered into Promissory Note B with JC Unify Capital (Holdings) Limited valued at aggregate principal amount of up to $530,000 (effective 2024-02-27).

“On February 27, 2024, International Media Acquisition Corp. (the “ Company ”) issued an unsecured promissory note in the aggregate principal amount of up to $530,000 (the “ Promissory Note B ”) to JC Unify Capital (Holdings) Limited.”

Sanjay Wadhwa resigned as Director at International Media Acquisition Corp..

“on February 27, 2024, the Company received the resignation of Mr. Sanjay Wadhwa as Director of the Company.”

International Media Acquisition Corp. shareholders approved Proposal 1 – Director Proposal at the 2024-02-13 meeting.

“Proposal 1 – Director Proposal: Director For Withhold Shibasish Sarkar, as Class I director 6,504,386 7,398 Sanjay Wadhwa, as Class I director 6,504,386 7,398 Yu-Ping Edward Tsai, as Class II director 6,511,193 591 Claudius Tsang, as Class II director 6,504,396 7,388 Yao Chin Chen, as Class III director 6,504,396 7,388 Chih Young Hung, as Class III director 6,511,205 579 Daung-Yen Lu, as Class III director 6,511,193 591 There were no broker non-votes in the Director Proposal.”

International Media Acquisition Corp.: Expanded methods to avoid being deemed a 'penny stock' under Rule 419 (effective 2024-01-08).

“Stockholders also approved an amendment to the amended and restated certificate of incorporation (the “ NTA Charter Amendment ”) to expand the methods by which the Company may avoid being deemed a “penny stock” under the Rule 419 under the Securities Exchange Act of 1934, as amended.”

International Media Acquisition Corp.: Extended the deadline to consummate an initial business combination by twelve additional one-month periods from January 2, 2024 to January 2, 2025, with a deposit of $20,000 per extension (effective 2024-01-08).

“the Company filed a certificate of amendment to its amended and restated certificate of incorporation (the “ Extension Charter Amendment ”) which became effective upon filing. The Extension Charter Amendment extended the deadline by which IMAQ must consummate an initial business combination for twelve (12) additional one (1) month periods from January 2, 2024 to January 2, 2025 provided that, in connection with each one-month extension, a deposit of $20,000 is made into the Trust Account”

International Media Acquisition Corp. shareholders approved NTA Requirement Proposal at the 2024-01-02 meeting.

“On January 2, 2024 at 9:30a.m. Eastern Time, International Media Acquisition Corporation (“IMAQ” or the “Company”) held a special meeting of stockholders (the “ Special Meeting ”) at which the stockholders voted as set forth below on the following proposals pursuant to the definitive proxy statement, filed by the Company with the Securities and Exchange Commission on December 19, 2023 and mailed by the Company to its stockholders on or about December 20, 2023 (the “Proxy Statement”).”

International Media Acquisition Corp. shareholders approved Trust Amendment Proposal at the 2024-01-02 meeting.

“On January 2, 2024 at 9:30a.m. Eastern Time, International Media Acquisition Corporation (“IMAQ” or the “Company”) held a special meeting of stockholders (the “ Special Meeting ”) at which the stockholders voted as set forth below on the following proposals pursuant to the definitive proxy statement, filed by the Company with the Securities and Exchange Commission on December 19, 2023 and mailed by the Company to its stockholders on or about December 20, 2023 (the “Proxy Statement”).”

International Media Acquisition Corp. shareholders approved Charter Amendment Proposal at the 2024-01-02 meeting.

“On January 2, 2024 at 9:30a.m. Eastern Time, International Media Acquisition Corporation (“IMAQ” or the “Company”) held a special meeting of stockholders (the “ Special Meeting ”) at which the stockholders voted as set forth below on the following proposals pursuant to the definitive proxy statement, filed by the Company with the Securities and Exchange Commission on December 19, 2023 and mailed by the Company to its stockholders on or about December 20, 2023 (the “Proxy Statement”).”

International Media Acquisition Corp. amended Investment Management Trust Agreement Amendment with Continental Stock Transfer & Trust Company valued at Amendment to Investment Management Trust Agreement (effective 2024-01-02).

“the Company and Continental Stock Transfer & Trust Company entered into an amendment, dated January 2, 2024, to the Investment Management Trust Agreement, dated July 28, 2021, and as amended on July 26, 2022, January 27, 2023 and July 31, 2023, by and between Continental Stock Transfer & Trust Company and IMAQ (the “ IMTA Amendment ”)”

Suresh Ramamurthi resigned as Director at International Media Acquisition Corp..

“On December 17, 2023, David M. Taghioff, Deepak Nayar, Klaas P. Baks, and Suresh Ramamurthi notified International Media Acquisition Corp. (the “Company”) that they are resigning from the Board of Directors (the “Board”) of the Company effective immediately.”

Klaas P. Baks resigned as Director at International Media Acquisition Corp..

“On December 17, 2023, David M. Taghioff, Deepak Nayar, Klaas P. Baks, and Suresh Ramamurthi notified International Media Acquisition Corp. (the “Company”) that they are resigning from the Board of Directors (the “Board”) of the Company effective immediately.”

Deepak Nayar resigned as Director at International Media Acquisition Corp..

“On December 17, 2023, David M. Taghioff, Deepak Nayar, Klaas P. Baks, and Suresh Ramamurthi notified International Media Acquisition Corp. (the “Company”) that they are resigning from the Board of Directors (the “Board”) of the Company effective immediately.”

David M. Taghioff resigned as Director at International Media Acquisition Corp..

“On December 17, 2023, David M. Taghioff, Deepak Nayar, Klaas P. Baks, and Suresh Ramamurthi notified International Media Acquisition Corp. (the “Company”) that they are resigning from the Board of Directors (the “Board”) of the Company effective immediately.”

Paul F. Pelosi Jr. resigned as Director at International Media Acquisition Corp..

“On December 12, 2023, Paul F. Pelosi Jr. notified International Media Acquisition Corp. (the “Company”) that he is resigning from the Board of Directors (the “Board”) of the Company effective immediately.”

International Media Acquisition Corp. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).

“November 29, 2023, International Media Acquisition Corp. (the “Company”) received a notice from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”), which stated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) because it had not filed its Quarterly Report on Form 10-Q for the quarter ended September 30, 2023 with the Securities and Exchange Commission (“SEC”). Nasdaq Listing Rule 5250(c)(1) requires listed companies to timely file all required periodic financial reports with the SEC. Under Nasdaq rules, the Company has 60 calendar days from the”

International Media Acquisition Corp. entered into Securities Purchase Agreement with JC Unify Capital (Holdings) Limited valued at $1.00 (effective 2023-11-10).

“On November 10, 2023, International Media Acquisition Corp., a Delaware corporation and a special purpose acquisition company (the “ Company ”), entered into a Securities Purchase Agreement (the “ Securities Purchase Agreement ”) with JC Unify Capital (Holdings) Limited, a BVI company (the “ Buyer ”), Content Creation Media LLC, a Delaware limited liability company ( “Sponsor” ), and Shibasish Sarkar, ( “Seller” , together with the Sponsor the “Sellers” ), pursuant to which (i) the Sponsor agreed to sell, and the Buyer agreed to purchase, 4,125,000 shares of common stock and 597,675 private placement units of the Company, which represents 75% of the total Company Securities owned by the Sponsor (“ Transferred Sponsor SPAC Securities ”) for an aggregate purchase price of $1.00 (the “ Closing Cash Purchase Price ”)”

International Media Acquisition Corp. terminated Stock Purchase Agreement with Risee Entertainment Holdings Private Limited and Reliance Entertainment Studios Private Limited valued at Termination of agreement (effective 2023-10-25).

“The Seller has terminated the SPA with immediate effect, and the Target Company & IMAQ have acknowledged and accepted vide termination letter dated October 25, 2023 (“ Termination Letter ”) received by IMAQ on October 26, 2023, without any liability to any of the parties involved.”

International Media Acquisition Corp.: Amended certificate of incorporation to extend business combination deadline by up to 12 additional one-month periods from August 2, 2023 to August 2, 2024 (effective 2023-08-03).

“The Company filed a certificate of amendment to its amended and restated certificate of incorporation (the “ Charter Amendment ”) which became effective upon filing. The Charter Amendment changed the date by which IMAQ must consummate an initial business combination for twelve (12) additional one (1) month periods from August 2, 2023 to August 2, 2024.”

International Media Acquisition Corp. shareholders approved Proposal to approve the amendment of the Company’s Investment Management Trust Agreement, dated as of July 28, 2021, by and between the Company and Continental Stock Transfer & Trust Company, allowing the Company to extend the Combination Period for twelve additional one-month periods by depositing at the 2023-07-31 meeting.

“Proposal to approve the amendment of the Company’s Investment Management Trust Agreement, dated as of July 28, 2021 (as amended, the “Trust Agreement”), by and between the Company and Continental Stock Transfer & Trust Company, allowing the Company to extend the Combination Period for twelve (12) additional one (1) month periods from August 2, 2023 to August 2, 2024 (i.e., for a total period of time ending 36 months from the consummation of the IPO) by depositing into the trust account $128,513.70 for each one-month extension. 7,209,226 85,461 141”

International Media Acquisition Corp. shareholders approved Proposal to amend the Company’s Amended and Restated Certificate of Incorporation (“Charter”) to give the Company the right to further extend the date by which it has to consummate a business combination (the “Combination Period”) for twelve (12) additional one (1) month periods from August 2, 2023 at the 2023-07-31 meeting.

“Proposal to amend the Company’s Amended and Restated Certificate of Incorporation (“Charter”) to give the Company the right to further extend the date by which it has to consummate a business combination (the “Combination Period”) for twelve (12) additional one (1) month periods from August 2, 2023 to August 2, 2024 for a total period of time ending 36 months from the consummation of its initial public offering. 7,210,314 84,480 34”

International Media Acquisition Corp. engaged Mercurius & Associates LLP as its auditor.

“On June 24, 2023, upon the approval of the Audit Committee, the Company engaged Mercurius & Associates LLP (“Mercurius”) as the Company's independent registered public accounting firm for the fiscal year ending March 31, 2023, effective immediately.”

International Media Acquisition Corp. dismissed Marcum LLP as its auditor.

“On June 24, 2023, upon the approval of its Audit Committee of the Board of Directors (the “Audit Committee”) of International Media Acquisition Corp. (the “Company”), the Company dismissed Marcum LLP (“Marcum”) as the Company’s independent registered public accounting firm.”