other material
confidence high
sentiment neutral
materiality 0.45
CIMG amends warrant agreement; warrant shares increased from 19.2M to 25.6M at $0.39
CIMG Inc.
- Amendment corrects warrant share calculation in Dec 12, 2024 SPA; warrant shares rise from 19,230,767 to 25,641,023.
- Warrants exercisable at $0.39 per share; 100% of $10M principal divided by exercise price.
- Amendment reflects mutual understanding; all prior warrants remain in full force and effect.
- No other changes to SPA terms; effective February 11, 2025.