CIMG Inc. receives Nasdaq delinquency notice
CIMG Inc. reported receiving a delinquency notice from Nasdaq on October 8, 2025 because it did not hold an annual shareholder meeting within twelve months of its fiscal year end, as required by Nasdaq Listing Rule 5620(a) and 5810(c)(2)(G).
Rhea-AI Filing Summary
CIMG Inc. reported receiving a delinquency notice from Nasdaq on October 8, 2025 because it did not hold an annual shareholder meeting within twelve months of its fiscal year end, as required by Nasdaq Listing Rule 5620(a) and 5810(c)(2)(G).
The company has scheduled its Annual Meeting of Stockholders for October 28, 2025, as described in its proxy statement filed on October 6, 2025, and must submit additional information about this deficiency in writing to a Nasdaq Hearings Panel by October 15, 2025. The notice does not immediately affect the listing or trading of CIMG’s common stock on The Nasdaq Capital Market.
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- Nasdaq delinquency notice for annual meeting lapse: CIMG Inc. received a delinquency notification from Nasdaq on October 8, 2025 for failing to hold an annual shareholder meeting within twelve months of its fiscal year end, introducing a risk to continued listing if compliance is not regained.
Insights
Nasdaq delinquency notice introduces listing risk but no immediate trading impact.
CIMG Inc. received a Nasdaq delinquency notification on October 8, 2025 for failing to hold an annual shareholder meeting within twelve months of its fiscal year end, as required by Listing Rule 5620(a) and 5810(c)(2)(G).
The company has already scheduled its Annual Meeting of Stockholders for October 28, 2025 and disclosed this in a proxy statement filed on October 6, 2025. It must provide additional information on the deficiency to a Nasdaq Hearings Panel by October 15, 2025, which will factor into any compliance assessment.
The company states that the deficiency notice has no immediate effect on the listing or trading of its common stock on The Nasdaq Capital Market. Forward-looking language notes there is no assurance Nasdaq will accept any compliance plan or grant relief, so the ultimate listing outcome depends on Nasdaq’s determinations.
FAQ
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