{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-028158","form_type":"8-K","ticker":"CIMG","cik":"0001527613","company_name":"CIMG Inc.","filed_at":"2025-12-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.640069+00:00","generated_at":"2026-05-16T12:54:51.964550+00:00","sec_items":["1.01","2.01","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"CIMG acquires 230 BTC for $24.6M; signs $106.5M computing power contract with China Merchants Bank","bullets":["Purchased 230 Bitcoin for ~$24.61M using internal funds; total BTC holdings reached 730.","Subsidiary Zhongyan Shangyue signed a RMB 752.2M (~$106.5M) IT equipment framework contract with China Merchants Bank.","Contract requires delivery of CPU/GPU servers within 30 working days; 60-month warranty, payment 60 days after acceptance.","Also signed two smaller computing product sales contracts totaling ~$1.78M (64 servers, 145 NVIDIA GPUs).","CEO cites favorable Bitcoin entry point and computing power expansion as strategic growth drivers."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-028158","json":"https://secwatch.observer/filing/0001493152-25-028158.json","markdown":"https://secwatch.observer/filing/0001493152-25-028158.md","text":"https://secwatch.observer/filing/0001493152-25-028158.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1527613/000149315225028158/0001493152-25-028158-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1527613/000149315225028158/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T12:54:51.964550+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"132d1b36ac1618feb28e74b8f8a15242bb3555e5","claim":"CIMG Inc. entered into China Merchants Bank IT Equipment Procurement Framework Contract with China Merchants Bank Co., Ltd. valued at approximately RMB 752.2 million (approximately USD 106.5 million) (effective 2025-12-12).","evidence_excerpt":"On December 12, 2025, the Company, through its wholly owned subsidiary Zhongyan Shangyue Technology Co., Ltd. (“Zhongyan Shangyue”), entered into a China Merchants Bank IT Equipment Procurement Framework Contract (the “IT Equipment Procurement Framework Contract”) with China Merchants Bank Co., Ltd. (“CMB”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1527613/000149315225028158/0001493152-25-028158-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"supply"},{"label":"Counterparty","value":"China Merchants Bank Co., Ltd."},{"label":"Value","value":"approximately RMB 752.2 million (approximately USD 106.5 million)"},{"label":"Effective","value":"2025-12-12"}],"fact_type":"material_agreement"},{"claim_id":"dd4c28b877db6d7040297076d8121acbae3df487","claim":"CIMG Inc. entered into Bitcoin Purchase Agreement with Lordan Group Ltd. valued at approximately USD 24.61 million (effective 2025-10-20).","evidence_excerpt":"On October 20, 2025, CIMG Pte. Ltd., a Singapore limited liability company and a wholly owned subsidiary of CIMG Inc. (the “Company”), entered into a Bitcoin Purchase Agreement (the “Bitcoin Purchase Agreement”) with Lordan Group Ltd., as seller, pursuant to which CIMG Pte. Ltd. agreed to purchase an aggregate of 230 Bitcoin (BTC) from the seller.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1527613/000149315225028158/0001493152-25-028158-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Lordan Group Ltd."},{"label":"Value","value":"approximately USD 24.61 million"},{"label":"Effective","value":"2025-10-20"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}