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CIMG agrees to $8.7M stock offering to overseas buyers

Investors may pay the purchase price in U.S. dollars or Bitcoin, and the expected closing remains subject to contractual conditions.

(Moderate)

Sentiment and the balance of points

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Form Type
8-K

Rhea-AI Filing Summary

CIMG Inc. agreed to issue and sell 3,000,000,000 shares of common stock to non-U.S. investors at $0.0029 per share, for aggregate gross proceeds of $8.7 million. Investors may pay in U.S. dollars or Bitcoin under the Securities Purchase Agreement.

Closing is expected within five business days following September 24, 2026, or on another date the parties may mutually agree in writing, subject to satisfaction or waiver of the closing conditions. Subject to those conditions, CIMG expects to offer and sell the shares in offshore transactions to non-U.S. persons in reliance on Regulation S. The shares are unregistered and may not be offered or sold in the United States unless registered or an exemption is available.

Filing Explained

At June 30, CIMG reported $5,397 in cash and equivalents and $221,329 of operating cash outflow; that cash equals 2.2 days at the reported rate, while the agreed $8.7 million placement remains subject to closing conditions and is not yet cash.

Sources and calculations
  • Available liquidity against the last reported quarterly operating outflow, in days at that rate $5,397 / ($221,329 / 91) = 2.2 days
Item 1.01 Entry into a Material Definitive Agreement Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Shares to be issued and sold 3,000,000,000 shares Private placement with non-U.S. investors
Purchase price $0.0029 per share Private placement
Aggregate gross proceeds $8.7 million Private placement
Expected closing period Five business days Following September 24, 2026
Regulation S regulatory
"in reliance on Regulation S under the Securities Act"
Regulation S is a set of rules that allows companies to sell securities (like shares or bonds) to investors outside the United States without having to follow all U.S. securities laws. It matters because it makes it easier for companies to raise money from international investors while still complying with U.S. regulations.
offshore transaction regulatory
"acquiring the Shares in an offshore transaction"
closing conditions technical
"subject to the satisfaction or waiver of the closing conditions"
Closing conditions are specific requirements or steps that must be met before a financial deal or transaction can be finalized. They act like a checklist that ensures all necessary details are confirmed and agreed upon, giving both parties confidence that the deal is ready to be completed. Meeting these conditions is essential for the transaction to move forward smoothly and successfully.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many CIMG shares are in the private placement, and at what price?

CIMG agreed to sell 3,000,000,000 common shares at $0.0029 per share, for aggregate gross proceeds of $8.7 million. Investors may pay in U.S. dollars or Bitcoin under the Securities Purchase Agreement.

When is CIMG's private placement expected to close?

Closing is expected within five business days following September 24, 2026, or on another date the parties may mutually agree in writing, subject to satisfaction or waiver of the agreement's closing conditions.

Can CIMG's private-placement shares be sold in the United States?

The shares are not registered under the Securities Act and may not be offered or sold in the United States unless registered under the Act or an available exemption from registration applies.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
false 0001527613 0001527613 2026-09-24 2026-09-24 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM 8-K

 

 

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): September 24, 2026

 

 

 

CIMG Inc.

(Exact name of registrant as specified in its charter)

 

Nevada   001-39338   38-3849791

(State or other jurisdiction

of incorporation or organization

 

(Commission

File #)

 

(IRS Employer

Identification No.)

 

Room R2, FTY D, 16/F, Kin Ga Industrial Building,

9 San On Street, Tuen Mun, Hong Kong

(Address of principal executive offices)

 

+ 852 70106695

(Registrant’s telephone number, including area code)

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

  ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
     
  ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
     
  ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
     
  ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, $0.00001 par value   CIMG   OTCID

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 1.01 Entry into a Material Definitive Agreement.

 

On September 24, 2026, CIMG Inc. (the “Company”) entered into a securities purchase agreement (the “Securities Purchase Agreement”) with certain non-U.S. investors (the “Investors”), pursuant to which the Company agreed to issue and sell to the Investors an aggregate of 3,000,000,000 shares of the Company’s common stock, par value $0.00001 per share (the “Shares”), at a purchase price of $0.0029 per Share, for aggregate gross proceeds of $8.7 million (the “Private Placement”). The Investors may pay the purchase price in U.S. dollars or Bitcoin, in accordance with the terms of the Securities Purchase Agreement. The Securities Purchase Agreement contains customary representations, warranties and covenants of the Company and the Investors.

 

The closing of the Private Placement is expected to occur within five business days following the date of the Securities Purchase Agreement, or on such other date as the parties may mutually agree in writing, subject to the satisfaction or waiver of the closing conditions set forth in the Securities Purchase Agreement. Subject to the satisfaction or waiver of the applicable closing conditions, the Company expects to issue and sell the Shares in offshore transactions to non-U.S. persons in reliance on Regulation S under the Securities Act of 1933, as amended (the “Securities Act”). In connection with the proposed offer and sale of the Shares, the Company will rely on representations and covenants of each Investor, including that the Investor is not a U.S. person and is acquiring the Shares in an offshore transaction. The Company expects to conduct the proposed offer and sale in accordance with the requirements of Regulation S. The Shares have not been registered under the Securities Act and may not be offered or sold in the United States unless registered under the Securities Act or pursuant to an available exemption from the registration requirements of the Securities Act.

 

The foregoing description of the Securities Purchase Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Securities Purchase Agreement, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit

Number

  Description
10.1   Form of Securities Purchase Agreement, by and among CIMG Inc. and the investors party thereto.
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

  CIMG Inc.
     
Dated: September 30, 2026 By: /s/ Jianshuang Wang
  Name: Jianshuang Wang
  Title: Chief Executive Officer

 

 

Filing Exhibits & Attachments

4 documents

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