secwatch.observer — SEC 8-K summary
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Issuer:     CIMG Inc. (CIMG)
CIK:        0001527613
Form:       8-K
Filed at:   2025-04-03T23:59:59+00:00
Accession:  0001641172-25-002571
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

CIMG Inc. issues 19.5M shares upon conversion of $10M convertible notes; total shares outstanding at 30.2M
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- On March 18, 2025, investors converted $10M aggregate principal of convertible notes into common stock.
- Company issued 19,457,618 shares of common stock to the converting investors.
- Total shares outstanding increased to 30,197,418 as of March 24, 2025.
- Shareholder approval for the underlying shares was obtained on February 10, 2025.
- Conversion follows the December 2024 Regulation S private placement of the notes and warrants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527613/000164117225002571/0001641172-25-002571-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527613/000164117225002571/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-002571

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