other material
confidence high
sentiment negative
materiality 0.70
CIMG to issue 3 billion shares at $0.0029 in $8.7M Regulation S placement, payable in USD or Bitcoin
CIMG Inc.
- Securities purchase agreement dated Sept 24, 2026: 3,000,000,000 common shares at $0.0029 per share for aggregate gross proceeds of $8,700,000.
- Closing expected within five business days of Sept 24, 2026, subject to satisfaction or waiver of closing conditions; buyers are non-U.S. investors.
- Payment may be made in U.S. dollars or Bitcoin, with Bitcoin valued at a reference price of $70,000 per coin; the Company may reject Bitcoin failing AML, sanctions or KYC screening.
- Shares issued offshore to non-U.S. persons under Regulation S; unregistered and resale-restricted except via registration, Rule 144 or Regulation S.
- Board approved the deal; shares delivered in DRS book-entry form via transfer agent VStock Transfer, LLC. CEO Jianshuang Wang signed the report Sept 30, 2026.