Share this article Share this article NEW YORK, July 28, 2021 /PRNewswire/ -- International Media Acquisition Corp. ("IMAC") announced today the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit. The units will be listed on The Nasdaq Capital Market ("NASDAQ") and trade under the ticker symbol "IMAQU" beginning on July 29, 2021. Each unit consists of one share of common stock, one right to receive one-twentieth (1/20) of one share of common stock upon the consummation of an initial business combination, and one redeemable warrant to purchase three-fourths (3/4) of one share of common stock at a price of $11.50 per whole share. After the securities comprising the units begin separate trading, the shares of common stock, rights and warrants are expected to be listed on NASDAQ under the symbols "IMAQ," "IMAQR" and "IMAQW," respectively. The offering is expected to close on August 2, 2021.