CIMG to acquire 51% of Shanghai Huomao for 200K shares; 6-month lock-up

CIMG Inc.

CIMG subsidiary will receive 51% equity in Shanghai Huomao in exchange for 200,000 shares of common stock.
Transfer expected within 15 calendar days; shares subject to 6-month lock-up.
CIMG to appoint Xiaocheng Hao as CEO of Huomao after acquisition.
Huomao owns premium Chinese liquor brand 'Huomao' and dendrobium business.
Incentive shares for Huomao employees contingent on future sales performance.

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