CIMG Inc increases authorized stock to 5B shares
CIMG Inc. is changing its capital structure by increasing the number of shares it is allowed to issue.
Rhea-AI Filing Summary
CIMG Inc. is changing its capital structure by increasing the number of shares it is allowed to issue. The company amended its Articles of Incorporation in Nevada to raise authorized common stock from 2,000,000,000 to 5,000,000,000 shares, each with a par value of $0.00001.
The board of directors and holders of a majority of the company’s outstanding voting power approved this increase by written consent on April 14, 2026. CIMG Inc. also filed an Information Statement on Schedule 14C on April 30, 2026, explaining the share increase and related matters to stockholders.
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Insights
CIMG Inc. tripled its authorized common shares, expanding future issuance capacity.
CIMG Inc. amended its Articles of Incorporation to raise authorized common stock from 2,000,000,000 to 5,000,000,000 shares. This does not itself issue new shares, but it expands the maximum number the company may issue in the future.
The increase was approved by the board and by a majority of outstanding voting power through written consent on April 14, 2026, and described in a Schedule 14C Information Statement. Any impact on existing stockholders will depend on how many of these authorized shares are actually issued and for what purposes.
8-K Event Classification
Key Figures
Key Terms
Certificate of Amendment regulatory
Articles of Incorporation regulatory
Schedule 14C regulatory
emerging growth company regulatory
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What did CIMG Inc. (IMG) change regarding its common stock?
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