International Media Acquisition Closes $200M IPO

IPO

International Media Acquisition closed its IPO of 20 million units priced at $10 each.

Units trade on the Nasdaq under IMAQU. Once the securities begin separate trading, shares, rights and warrants are expected to list under IMAQ, IMAQR, and IMAQW.

Chardan was sole book-running manager in the offering. The underwriters have an over-allotment option to purchase up to an additional 3 million units.

The SPAC will focus on North America, Europe and Asia for target companies within the media and entertainment sector, especially companies engaged in digitally available content. Read more.

Total
0
Shares
Related Posts
Read More

Gores Holdings IX Prices $525M IPO

The latest SPAC from Chairman Alec Gores plans to leverage management’s experience in industrials, technology, telecommunications, media and entertainment, business services, healthcare and consumer products for a potential acquisition.