8-K
filed March 21, 2023, 7:59 PM ET
ticker CIMG
CIK 0001527613
other material
confidence high
sentiment neutral
materiality 0.35
NuZee shareholders reject reincorporation amendment; CEO, CFO get restricted stock
CIMG Inc.
- Proposal to reincorporate failed (219,798 for, 1,699 against, 168,858 broker non-votes); board did not adjourn.
- CEO Higashida granted 13,970 restricted shares valued at $170,573; interim CFO Bowman granted 1,638 shares valued at $20,000.
- Shares vest based on FY2023 and FY2024 performance metrics (cash, sales growth, gross margin, operating losses).
- All other proposals passed: director election, 2023 equity plan, advisory pay vote, auditor ratification.
- Annual Meeting held March 16, 2023; 691,088 shares outstanding as of record date.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
CIMG Inc. shareholders approved Adoption of the 2023 Equity Incentive Plan at the 2023-03-16 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2023-03-16
Exact text from the filing
Proposal 3 – Adoption of the 2023 Equity Incentive Plan Votes For: 212,602 Votes Against: 8,868 Abstain: 250 Broker Non-Votes: 168,858
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
CIMG Inc. shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2023-03-16 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-03-16
Exact text from the filing
Proposal 5 – Ratification of Appointment of Independent Registered Public Accounting Firm Votes For: 387,722 Votes Against: 2,583 Abstain: 273
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
CIMG Inc. shareholders approved Election of Directors at the 2023-03-16 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-03-16
Exact text from the filing
Proposal 1 – Election of Directors Name of Nominee For Against Abstain Broker Non-Votes Masateru Higashida 219,276 1,797 647 168,858 Kevin J. Conner 219,543 1,529 648 168,858 Tracy Ging 217,908 3,163 649 168,858 J. Chris Jones 218,397 2,672 651 168,858 Nobuki Kurita 218,022 3,050 648 168,858 David G. Robson 217,408 3,662 650 168,858
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
CIMG Inc. shareholders approved Advisory Vote on Compensation of Named Executive Officers at the 2023-03-16 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-03-16
Exact text from the filing
Proposal 4 – Advisory Vote on Compensation of Named Executive Officers Votes For: 217,879 Votes Against: 3,564 Abstain: 277 Broker Non-Votes: 168,858
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
CIMG Inc. shareholders rejected Amendment to the Company's Articles of Incorporation to Reincorporate at the 2023-03-16 meeting.
- Proposal
- charter amendment
- Outcome
- failed
- Meeting
- 2023-03-16
Exact text from the filing
Proposal 2 – Amendment to the Company’s Articles of Incorporation to Reincorporate Separated Pages Votes For: 219,798 Votes Against: 1,699 Abstain: 223 Broker Non-Votes: 168,858
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.