CIMG Inc. received a nasdaq delisting notice notice regarding minimum bid price (rules 5550(a)(2)).
Exchange
nasdaq
Notice
delisting notice
Deficiency
minimum bid price
Rules
5550(a)(2)
Exact text from the filing
July 17, 2025, CIMG Inc. (Nasdaq: IMG) (the “Company”) received an additional delist determination letter from Nasdaq (“Nasdaq Delist Determination Letter”). On January 14, 2025, Nasdaq notified the Company that the bid price of its listed security had closed at less than $1 per share over the previous 30 consecutive business days, and, as a result, did not comply with Listing Rule 5550(a)(2) (the “Rule”). In accordance with Listing Rule 5810(c)(3)(A), the Company was provided 180 calendar days, or until July 14, 2025, to regain compliance with the Rule. The Company has not regained compliance
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