13G Filing: K2 Principal Fund, L.P. and I-AM Capital Acquisition Co (IAMXU)

CUSIP No.  45074Q207

Schedule 13G

Page 9 of 13 Pages

(d)

¨   Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);

(e)

¨   An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);

(f)

¨     An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

(g)

¨    A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

(h)

¨    A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i)

¨    A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3);

(j)

¨    A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J);

(k)

¨    Group, in accordance with § 240.13d-1(b)(1)(ii)(K).

If filing as a non-U.S. institution in accordance
with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:________________.

Item 4. Ownership:

Provide the following information regarding
the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

The K2 Principal Fund, L.P.

(a)	Amount beneficially owned:	400,000
(b)	Percent of class:	8.00%
(c)	Number of shares as to which the person has:

	(i)	Sole power to vote or direct the vote:	0
	(ii)	Shared power to vote or direct the vote:	400,000
	(iii)	Sole power to dispose or direct the disposition of:	0
	(iv)	Shared power to dispose or direct the disposition of:	400,000

K2 GenPar L.P.

(a)	Amount beneficially owned:	400,000
(b)	Percent of class:	8.00%
(c)	Number of shares as to which the person has:

	(i)	Sole power to vote or direct the vote:	0
	(ii)	Shared power to vote or direct the vote:	400,000
	(iii)	Sole power to dispose or direct the disposition of:	0
	(iv)	Shared power to dispose or direct the disposition of:	400,000

K2 GenPar 2009 Inc.

(a)

Amount beneficially owned:

400,000