secwatch.observer — SEC 8-K summary
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Issuer:     CIMG Inc. (CIMG)
CIK:        0001527613
Form:       8-K
Filed at:   2026-09-30T20:05:14+00:00
Accession:  0001493152-26-045101
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 1.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

CIMG to issue 3 billion shares at $0.0029 in $8.7M Regulation S placement, payable in USD or Bitcoin
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527613/000149315226045101/0001493152-26-045101-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527613/000149315226045101/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-045101

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