secwatch.observer — SEC 8-K summary
======================================

Issuer:     CIMG Inc. (CIMG)
CIK:        0001527613
Form:       8-K
Filed at:   2026-06-23T20:05:35+00:00
Accession:  0001493152-26-029784
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CIMG raises up to $650M via unit offering; issues 1.8B shares in initial closing
--------------------------------------------------------------------------------

- Up to 43.33B units at $0.015/unit for $650M gross; payable in Bitcoin or USD.
- Initial closing June 22: 900M units for ~$13.5M in Bitcoin; warrants fully exercised, adding 900M shares.
- Total 1.8B shares issued; warrant exercise price $0.015, two-year term.
- Stockholder approval obtained Dec 24, 2025 for Nasdaq Listing Rule 5635(d).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527613/000149315226029784/0001493152-26-029784-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527613/000149315226029784/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-029784

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer