{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-012693","form_type":"8-K","ticker":"CIMG","cik":"0001527613","company_name":"CIMG Inc.","filed_at":"2026-03-25T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.334006+00:00","generated_at":"2026-05-15T08:59:41.701302+00:00","sec_items":["1.01","2.03","3.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"CIMG Q1 revenue jumps to $15.8M; holds 730 Bitcoin; amends convertible notes after Nasdaq suspension","bullets":["Q1 revenue $15,768,796 vs $22,853 in prior year; net loss reduced sequentially.","Holds 730 Bitcoins carrying value $63,978,821 as of Dec 31, 2025.","Book value per share $3.6; company filed appeal against Nasdaq delisting.","Amended convertible note: conversion floor $0.10, warrant exercise price $0.015, second tranche canceled.","Expanded into health consumer goods and computing power; acquired Braincon HK and two China subsidiaries."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-012693","json":"https://secwatch.observer/filing/0001493152-26-012693.json","markdown":"https://secwatch.observer/filing/0001493152-26-012693.md","text":"https://secwatch.observer/filing/0001493152-26-012693.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1527613/000149315226012693/0001493152-26-012693-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1527613/000149315226012693/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T08:59:41.701302+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":"504ec6eb7bed99f1ce88b4445b585632214b5e5d","claim":"CIMG Inc. amended Amended and Restated Convertible Note and Warrant Purchase Agreement with certain non-U.S. investors valued at Amendment to convertible notes and warrants; second closing canceled; floor price $0.10 per share; A (effective 2026-03-21).","evidence_excerpt":"On March 21, 2026, in light of the suspension of trading of the Company’s common stock on The Nasdaq Stock Market LLC, effective March 6, 2026, and its current quotation on the OTC market, the Company entered into an Amended and Restated Convertible Note and Warrant Purchase Agreement (the “A&R Purchase Agreement”) with the Investors, pursuant to which the Company issued and delivered to each Investor (i) an Amendment No. 1 to the applicable Original Note (each, a “Note Amendment,” and collectively, the “Note Amendments”) and (ii) an amended and restated warrant in replacement of the applicable Original Warrant (each, an “A&R Warrant,” and collectively, the “A&R Warrants”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1527613/000149315226012693/0001493152-26-012693-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Counterparty","value":"certain non-U.S. investors"},{"label":"Value","value":"Amendment to convertible notes and warrants; second closing canceled; floor price $0.10 per share; A"},{"label":"Effective","value":"2026-03-21"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}