CIMG Inc. Obtains Shareholder Consent for Corporate Resolutions

Rhea-AI Summary

CIMG (Nasdaq: IMG) announced that stockholders approved an increase in authorized common shares from 600,000,000 to 2,000,000,000 and approved issuance of Units consisting of one common share plus one warrant to buy one share. The company said the Units may be sold for aggregate gross proceeds of up to $850,000,000. These actions expand share capacity and authorize a capital raise vehicle combining equity and warrants.

Positive

• Authorized shares increased from 600,000,000 to 2,000,000,000
• Financing capacity enabled for up to $850,000,000 in aggregate gross proceeds
• Flexible capital instrument: Units = 1 share + 1 warrant

Negative

• Potential shareholder dilution from tripling authorized shares
• Material dilution risk if full $850,000,000 issuance is sold

Key Figures

Authorized shares (prior) 600,000,000 shares Authorized common stock before the newly approved increase

Authorized shares (new) 2,000,000,000 shares New authorized common stock level approved by stockholders

Planned gross proceeds $850,000,000 Maximum aggregate gross proceeds from unit offering (stock + warrant)

Market Reality Check

$1.31 Last Close

Volume Volume 136,436 is far below the 20-day average of 1,951,942 (relative volume 0.07x). low

Technical Pre-news price $1.31 trades well below the 200-day MA of $6.45 and closer to the 52-week low of $1.1332 than the high of $28.8.

Peers on Argus 1 Up

Sector peers show mixed or modest moves, while IMG traded down 6.43%. Only BRLS appeared on momentum scans, up about 5.56% without news, suggesting IMG’s setup looks more company-specific than sector-driven.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Dec 22	Supplier shortlisting	Positive	-9.2%	Subsidiary shortlisted for Guangzhou Bank server procurement with US$15.95M benchmark.
Dec 17	Bitcoin acquisition	Positive	+19.7%	Acquired 230 Bitcoin for about US$24.61M, raising total holdings to 730 BTC.
Dec 15	Large equipment contract	Positive	+6.2%	US$106.5M contract to supply computing power equipment to a major Chinese bank.
Dec 08	Smaller sales contracts	Positive	-14.7%	Two computing power sales contracts totaling about US$1.779M via subsidiaries.
Dec 04	Award recognition	Positive	-11.8%	Received “Most Investable Company Award” at Zhitong Finance conference.

Pattern Detected

Recent positive operational announcements often saw negative price reactions, with three of five upbeat news items followed by declines, while crypto-related and large contract news produced gains.

Recent Company History

This announcement follows several sizable business developments for CIMG in December. The company reported a US$106.5 million computing power equipment contract and separate sales totaling about US$1.779 million, plus being shortlisted for a Guangzhou Bank procurement with a benchmark bid of roughly US$15.95 million. It also acquired 230 Bitcoin, bringing holdings to 730 BTC. Despite these positives, three recent news events were followed by double‑digit declines, so today’s large authorized share increase and financing capacity come against a backdrop of volatile reactions to prior announcements.

Market Pulse Summary

This announcement details shareholder consent to raise authorized common shares from 600,000,000 to 2,000,000,000 and to issue stock‑and‑warrant units for up to $850,000,000 in gross proceeds. It follows recent large contracts and Bitcoin purchases, as well as prior disclosures that the company needs additional capital. Investors may focus on how quickly the new capacity is used, the pricing of any offerings, and resulting impacts on per‑share metrics.

Key Terms

warrant financial

"one share of Common Stock and one warrant to purchase one share"

A warrant is a time-limited financial contract that gives its holder the right to buy a company's shares at a set price before a specified date, like a coupon that lets you purchase stock at a fixed discount for a limited time. It matters to investors because warrants offer leveraged exposure to a stock’s upside and can dilute existing shareholders if exercised, so they affect potential gains and the company’s outstanding share count.

AI-generated analysis. Not financial advice.

BEIJING, Dec. 29, 2025 /PRNewswire/ -- CIMG Inc. ("CIMG" or the "Company") (Nasdaq: IMG), a business group specializing in digital health and sales development, which utilizes technology and marketing to enhance its business partners' sales growth and commercial value, today announced that it has obtained stockholder approval to increase the number of authorized shares of common stock from 600,000,000 to 2,000,000,000; and the issuance by the Company of units consisting of one share of Common Stock and one warrant to purchase one share of Common Stock (the "Units"), for aggregate gross proceeds of up to $850,000,000.

About CIMG 

CIMG is a business group specializing in digital health and sales development, with a cryptocurrency-focused strategy. The Company leverages AI and cryptocurrencies (such as Bitcoin and stablecoins) to drive business growth, helping clients maximize user growth and enhance brand management value. The Company's current client portfolio includes brands such as Kangduoyuan, Maca-Noni, Qianmao, Huomao, and Coco-mango.

Forward-Looking Statements

This press release contains information about the Company's view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary for its operations, and its ability to protect its intellectual property. The Company encourages you to review other factors that may affect its future results in its Annual Reports, Quarterly Reports, registration statements, and other filings with the Securities and Exchange Commission.

For more information, please contact:

CIMG Inc.
+ 852 70106695
http://www.ccmg.tech
ir@ccmg.tech 

View original content:https://www.prnewswire.com/news-releases/cimg-inc-obtains-shareholder-consent-for-corporate-resolutions-302650197.html

SOURCE CIMG Inc.

FAQ

What did CIMG (IMG) shareholders approve on December 29, 2025?

Shareholders approved increasing authorized common shares to 2,000,000,000 (from 600,000,000) and the issuance of Units combining one share plus one warrant.

How much capital can CIMG raise with the approved Units (IMG)?

The company may raise up to $850,000,000 of aggregate gross proceeds from the sale of Units.

What is included in each Unit CIMG plans to issue (IMG)?

Each Unit consists of one share of common stock and one warrant to purchase one share of common stock.

Does the authorized share increase for IMG create dilution risk for current shareholders?

Yes. Tripling authorized shares increases the potential for share dilution if the company issues a significant number of new shares or Units.

Will CIMG (IMG) immediately issue the Units approved by shareholders?

The announcement authorizes issuance of Units for up to $850,000,000; it does not state timing or confirm immediate sale.