CIMG regains Nasdaq equity compliance after $55M private placement and note conversions

CIMG Inc.

Shareholders' equity ~$49.52M as of Sep 30, 2025, vs negative $650K a year ago, far above Nasdaq's $2.5M minimum.
Closed $55M private placement of 220M shares at $0.25 to non-U.S. investors on Sep 2, 2025.
Issued $4M convertible notes at 7% with $0.24 conversion price; notes fully converted into ~16.7M shares.
Warrant exercises in Oct 2025 generated ~$10M gross proceeds from 25.6M shares, further strengthening capital.
Company awaits Nasdaq's final confirmation; previously granted listing extension subject to compliance conditions.

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