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International Media Acquisition Corp. Warrants (IMAQW)


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Upturn Advisory Summary
10/14/2025: IMAQW (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type Stock | Historic Profit 0% | Avg. Invested days 0 | Today’s Advisory PASS |
Upturn Star Rating ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size ETF | Market Capitalization 0 USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 0.25 | 52 Weeks Range 0.01 - 0.04 | Updated Date 03/22/2025 |
52 Weeks Range 0.01 - 0.04 | Updated Date 03/22/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) - |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) -4.22% | Return on Equity (TTM) - |
Valuation
Trailing PE - | Forward PE - | Enterprise Value - | Price to Sales(TTM) - |
Enterprise Value - | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA - | Shares Outstanding - | Shares Floating 539681 |
Shares Outstanding - | Shares Floating 539681 | ||
Percent Insiders - | Percent Institutions - |
Upturn AI SWOT
International Media Acquisition Corp. Warrants
Company Overview
History and Background
International Media Acquisition Corp. was a blank check company (SPAC) formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The warrants existed to provide the warrant holders the right to purchase shares of the combined company after a business combination. The company completed its business combination with Forbes Global Media Holdings in 2024 and changed ticker symbols, thereby rendering the warrants moot.
Core Business Areas
- SPAC Formation: Created to identify and merge with a business, not operating in any specific sector initially.
Leadership and Structure
A management team focused on identifying and completing a business combination, typical for SPAC structures.
Top Products and Market Share
Key Offerings
- Warrants: The warrants represented the right to purchase shares of the combined company if its exercise price would've been achieved. Market share is inapplicable for warrants.
Market Dynamics
Industry Overview
The SPAC market was highly volatile, with periods of intense activity followed by market corrections.
Positioning
As a SPAC, it was positioned to acquire a target company, its value depended on the target's performance.
Total Addressable Market (TAM)
N/A. The TAM depends on the target company acquired.
Upturn SWOT Analysis
Strengths
- Experienced management team
- Access to capital
Weaknesses
- Reliance on identifying a suitable target
- Dilution from warrants
- SPAC market volatility
Opportunities
- Successful business combination
- Favorable market conditions for the target company
Threats
- Failure to find a suitable target
- Market downturn
- Regulatory changes in the SPAC market
Competitors and Market Share
Key Competitors
Competitive Landscape
N/A. International Media Acquisition Corp. was a SPAC.
Major Acquisitions
Forbes Global Media Holdings
- Year: 2024
- Acquisition Price (USD millions):
- Strategic Rationale: Acquisition of a reputable media company, providing a stable revenue stream and brand recognition.
Growth Trajectory and Initiatives
Historical Growth: Growth depended on the success of the merged entity after the SPAC.
Future Projections: N/A
Recent Initiatives: Completed the acquisition of Forbes Global Media Holdings in 2024.
Summary
International Media Acquisition Corp. was a SPAC formed to acquire a media-related business. Its warrants provided the right to purchase stock in the combined entity after a merger. The company successfully merged with Forbes, and is now trading under a different ticker symbol. Prior to the merger, the success was dependent on finding a suitable target and the overall SPAC market environment. The warrants ceased to exist.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings
- Financial news sources
Disclaimers:
This analysis is based on available information and market conditions. Investment decisions should be made with professional advice.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About International Media Acquisition Corp. Warrants
Exchange NASDAQ | Headquaters North Brunswick, NJ, United States | ||
IPO Launch date 2021-08-17 | CEO, CFO & Chairman of the Board Ms. Yu-Fang Chiu | ||
Sector Financial Services | Industry Shell Companies | Full time employees - | Website https://www.imac.org.in |
Full time employees - | Website https://www.imac.org.in |
International Media Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in North Brunswick, New Jersey.

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