regulatory
confidence high
sentiment negative
materiality 0.75
CIMG receives second Nasdaq delist notice; hearing set for August 14, 2025
CIMG Inc.
- On January 14, 2025, Nasdaq notified CIMG of bid price non-compliance (closing <$1 for 30 days); compliance period ended July 14, 2025.
- Received additional delist determination letter on July 17, 2025 for failing to regain compliance; not eligible for second 180-day period.
- Company does not meet initial listing requirements for Nasdaq Capital Market under Equity Standard or alternative standards.
- Appealed June 27, 2025 delist notice on July 7, 2025; hearing scheduled August 14, 2025 before Nasdaq Hearings Panel.
item 3.01item 9.01