CIMG Inc. (IMG) Reduces Share Count with 1-for-20 Reverse Split
Rhea-AI Filing Summary
CIMG Inc. approved a 1-for-20 reverse stock split of its common stock, effective at 12:01 a.m. on December 5, 2025. Each 20 existing shares are combined into 1 new share.
After the split, issued and outstanding common shares are reduced from 309,667,840 to approximately 15,483,392 shares, with fractional share amounts rounded up to the next whole share for each holder. The change was implemented through a Certificate of Change filed in Nevada.
The company also reported that it received the “Most Investable Company Award” at the 10th Zhitong Finance Capital Market Annual Conference and Listed Company Awards Ceremony in Shenzhen, China.
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Insights
CIMG Inc. consolidates equity via 1-for-20 reverse stock split.
CIMG Inc. implemented a 1-for-20 reverse stock split, reducing issued and outstanding common shares from 309,667,840 to approximately 15,483,392. This type of action changes the share count and likely the trading price per share, while leaving the company’s overall equity value broadly similar in economic terms.
No fractional shares will be issued, and fractional positions are rounded up, slightly increasing the post-split share total versus a pure 1-for-20 division. The company also highlighted a recent “Most Investable Company Award,” which is reputational rather than financial. Overall, this is primarily a capital-structure adjustment; the longer-term impact will depend on how the market responds after the December 5, 2025 effective date.
FAQ
What corporate action did CIMG Inc. (IMG) announce in this report?
CIMG Inc. announced a 1-for-20 reverse stock split of its common stock, consolidating every 20 existing shares into 1 new share.
When does CIMG Inc.’s 1-for-20 reverse stock split take effect?
The reverse stock split becomes effective at 12:01 a.m. on December 5, 2025.
How does the reverse stock split affect CIMG Inc.’s share count?
The number of issued and outstanding common shares will be reduced from 309,667,840 shares to approximately 15,483,392 shares, subject to rounding.
How will CIMG Inc. handle fractional shares in the reverse split?
No fractional shares will be issued. Any fractional amounts will be rounded up to the next highest whole share at the participant level.
What recent recognition did CIMG Inc. (IMG) disclose?
CIMG Inc. disclosed that it received the “Most Investable Company Award” at the 10th Zhitong Finance Capital Market Annual Conference and Listed Company Awards Ceremony in Shenzhen, China.
What exhibits accompany this CIMG Inc. report?
The report includes the Certificate of Change as Exhibit 3.1, and two press releases dated December 3, 2025 and December 4, 2025 as Exhibits 99.1 and 99.2, plus the cover page interactive data file.