IMAQ · International Media Acquisition Corp. · Insider Trading
Substantial doubt about the company's ability to continue as a going concern.
“management has determined that these conditions raise substantial doubt about our ability to continue as a going concern. In addition, if the Company is unable to complete a Business Combination within the Combination Period, the Company's board of directors would proceed to commence a voluntary liquidation and thereby a formal dissolution of the Company. There is no assurance that the Company's plans to consummate a Business Combination will be successful within the Combination Period. As a result, management has determined that such an additional condition also raises substantial doubt about the Company's ability to continue as a going concern.”View the 10-Q filed Aug 7, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2021-09-17 | Sarkar Shibasish |
Director, Chief Executive Officer, 10% Owner |
Sell↓
Filing footnotes — Common Stock (Indirect)
Owned by Content Creation Media LLC, over which Shibasish Sarkar has voting and dispositive power. Mr. Sarkar disclaims beneficial ownership, except to the extent of any pecuniary interest therein. |
Common Stock
(I)
|
100,000 |
| 2021-09-17 | Content Creation Media LLC |
10% Owner |
Sell↓
|
Common Stock
|
100,000 |
| 2021-08-06 | Content Creation Media LLC |
10% Owner |
Buy↑
Filing footnotes — Warrants to purchase Common Stock (Direct)
The reporting person acquired 82,500 units, each unit consisting of one share of common stock, one right to receive one-twentieth (1/20) share of common stocks and one warrant to purchase three-fourths (3/4) share of common stock. The warrants become exercisable on the later of (i) the completion of the registrant's initial business combination and (ii) 12 months from the closing of the registrant's initial public offering. The warrants expire 5 years after the completion of the registrant's initial business combination or earlier upon redemption or liquidation, as described in the registrant's prospectus filed with the SEC. |
Warrants to purchase Common Stock
|
82,500 |
| 2021-08-06 | Sarkar Shibasish |
Director, Chief Executive Officer, 10% Owner |
Buy↑
Filing footnotes — Common Stock (Indirect)
The reporting person acquired 82,500 units, each unit consisting of one share of common stock, one right to receive one-twentieth (1/20) share of common stocks and one warrant to purchase three-fourths (3/4) share of common stock. Owned by Content Creation Media LLC, over which Shibasish Sarkar has voting and dispositive power. Mr. Sarkar disclaims beneficial ownership, except to the extent of any pecuniary interest therein. |
Common Stock
(I)
|
82,500 |
| 2021-08-06 | Content Creation Media LLC |
10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
The reporting person acquired 82,500 units, each unit consisting of one share of common stock, one right to receive one-twentieth (1/20) share of common stocks and one warrant to purchase three-fourths (3/4) share of common stock. |
Common Stock
|
82,500 |
| 2021-08-06 | Sarkar Shibasish |
Director, Chief Executive Officer, 10% Owner |
Buy↑
Filing footnotes — Rights to acquire Common Stock (Indirect)
The rights convert automatically into shares of common stock at the completion of the registrant's initial business combination. The reporting person acquired 82,500 units, each unit consisting of one share of common stock, one right to receive one-twentieth (1/20) share of common stocks and one warrant to purchase three-fourths (3/4) share of common stock. Owned by Content Creation Media LLC, over which Shibasish Sarkar has voting and dispositive power. Mr. Sarkar disclaims beneficial ownership, except to the extent of any pecuniary interest therein. |
Rights to acquire Common Stock
(I)
|
82,500 |
| 2021-08-06 | Sarkar Shibasish |
Director, Chief Executive Officer, 10% Owner |
Buy↑
Filing footnotes — Warrants to purchase Common Stock (Indirect)
The reporting person acquired 82,500 units, each unit consisting of one share of common stock, one right to receive one-twentieth (1/20) share of common stocks and one warrant to purchase three-fourths (3/4) share of common stock. The warrants become exercisable on the later of (i) the completion of the registrant's initial business combination and (ii) 12 months from the closing of the registrant's initial public offering. The warrants expire 5 years after the completion of the registrant's initial business combination or earlier upon redemption or liquidation, as described in the registrant's prospectus filed with the SEC. Owned by Content Creation Media LLC, over which Shibasish Sarkar has voting and dispositive power. Mr. Sarkar disclaims beneficial ownership, except to the extent of any pecuniary interest therein. |
Warrants to purchase Common Stock
(I)
|
82,500 |
| 2021-08-06 | Content Creation Media LLC |
10% Owner |
Buy↑
Filing footnotes — Rights to acquire Common Stock (Direct)
The rights convert automatically into shares of common stock at the completion of the registrant's initial business combination. The reporting person acquired 82,500 units, each unit consisting of one share of common stock, one right to receive one-twentieth (1/20) share of common stocks and one warrant to purchase three-fourths (3/4) share of common stock. |
Rights to acquire Common Stock
|
82,500 |
| 2021-08-02 | Sarkar Shibasish |
Director, Chief Executive Officer, 10% Owner |
Buy↑
Filing footnotes — Common Stock (Indirect)
The reporting person acquired 714,400 units, each unit consisting of one share of common stock, one right to receive one-twentieth (1/20) share of common stocks and one warrant to purchase three-fourths (3/4) share of common stock. Owned by Content Creation Media LLC, over which Shibasish Sarkar has voting and dispositive power. Mr. Sarkar disclaims beneficial ownership, except to the extent of any pecuniary interest therein. |
Common Stock
(I)
|
714,400 |
| 2021-08-02 | Content Creation Media LLC |
10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
The reporting person acquired 714,400 units, each unit consisting of one share of common stock, one right to receive one-twentieth (1/20) share of common stocks and one warrant to purchase three-fourths (3/4) share of common stock. |
Common Stock
|
714,400 |
| 2021-08-02 | Content Creation Media LLC |
10% Owner |
Buy↑
Filing footnotes — Warrants to purchase Common Stock (Direct)
The reporting person acquired 714,400 units, each unit consisting of one share of common stock, one right to receive one-twentieth (1/20) share of common stocks and one warrant to purchase three-fourths (3/4) share of common stock. The warrants become exercisable on the later of (i) the completion of the registrant's initial business combination and (ii) 12 months from the closing of the registrant's initial public offering. The warrants expire 5 years after the completion of the registrant's initial business combination or earlier upon redemption or liquidation, as described in the registrant's prospectus filed with the SEC. |
Warrants to purchase Common Stock
|
714,400 |
| 2021-08-02 | Sarkar Shibasish |
Director, Chief Executive Officer, 10% Owner |
Buy↑
Filing footnotes — Rights to acquire Common Stock (Indirect)
The rights convert automatically into shares of common stock at the completion of the registrant's initial business combination. The reporting person acquired 714,400 units, each unit consisting of one share of common stock, one right to receive one-twentieth (1/20) share of common stocks and one warrant to purchase three-fourths (3/4) share of common stock. Owned by Content Creation Media LLC, over which Shibasish Sarkar has voting and dispositive power. Mr. Sarkar disclaims beneficial ownership, except to the extent of any pecuniary interest therein. |
Rights to acquire Common Stock
(I)
|
714,000 |
| 2021-08-02 | Sarkar Shibasish |
Director, Chief Executive Officer, 10% Owner |
Buy↑
Filing footnotes — Warrants to purchase Common Stock (Indirect)
The reporting person acquired 714,400 units, each unit consisting of one share of common stock, one right to receive one-twentieth (1/20) share of common stocks and one warrant to purchase three-fourths (3/4) share of common stock. The warrants become exercisable on the later of (i) the completion of the registrant's initial business combination and (ii) 12 months from the closing of the registrant's initial public offering. The warrants expire 5 years after the completion of the registrant's initial business combination or earlier upon redemption or liquidation, as described in the registrant's prospectus filed with the SEC. Owned by Content Creation Media LLC, over which Shibasish Sarkar has voting and dispositive power. Mr. Sarkar disclaims beneficial ownership, except to the extent of any pecuniary interest therein. |
Warrants to purchase Common Stock
(I)
|
714,400 |
| 2021-08-02 | Content Creation Media LLC |
10% Owner |
Buy↑
Filing footnotes — Rights to acquire Common Stock (Direct)
The rights convert automatically into shares of common stock at the completion of the registrant's initial business combination. The reporting person acquired 714,400 units, each unit consisting of one share of common stock, one right to receive one-twentieth (1/20) share of common stocks and one warrant to purchase three-fourths (3/4) share of common stock. |
Rights to acquire Common Stock
|
714,000 |