International Media Acquisition Corp. (IMAQ): Going concern doubt
Severity scores the disclosed filing signal, not a judgment about the company or its securities.
What was disclosed
Our independent registered public accounting firm ’ s report contains an explanatory paragraph that expresses substantial doubt about our ability continue as a “ going concern .” As of March 31, 2026, the Company had $0 in cash outside of the Trust Account, and a working capital deficit of $7,219,045.
Why it matters
A going-concern disclosure reflects substantial doubt about the company's ability to continue operating.