Xiaocheng Hao
Effective April 30, 2025, Mr. Xiaocheng Hao was appointed by the Board of Directors (the “Board”) to the position of Chief Operating Officer of CIMG, Inc. (the “Company”).
Highest-materiality recent filing
CIMG raises up to $650M via unit offering; issues 1.8B shares in initial closing
Up to 43.33B units at $0.015/unit for $650M gross; payable in Bitcoin or USD.
CIMG subsidiary signs framework contract for computing power center worth up to $442M
Subsidiary Zhongyan Shangyue signs framework contract with Zhongshishun Technology for a computing power center project in Beijing.
CIMG increases authorized common shares from 2B to 5B
Amendment approved by board and majority of stockholders via written consent on April 14, 2026.
CIMG Q2 revenue $3.2M; 6-month revenue $18.9M (82,969% YoY); holds 730 BTC worth $49.85M
Total revenue for quarter ended March 31, 2026: $3.2M, substantial growth compared with prior year.
CIMG Q1 revenue jumps to $15.8M; holds 730 Bitcoin; amends convertible notes after Nasdaq suspension
Q1 revenue $15,768,796 vs $22,853 in prior year; net loss reduced sequentially.
CIMG Inc. increases authorized common shares from 600M to 2B
Authorized common shares increased from 600,000,000 to 2,000,000,000 (par value $0.00001).
CIMG receives Nasdaq delisting notice; trading suspended March 6, 2026
Nasdaq delisting determination for non-compliance with Listing Rules 5550(a)(2), 5250(c)(1), 5550(b)(1), and 5620(a).
CIMG Inc. acquires Daren Business Technology for zero cash; up to 74.5M shares as performance award
CIMG Inc. (Nasdaq: IMG) entered into an Amended and Restated Equity Transfer Agreement to acquire 100% of Daren Business Technology Limited for zero cash consideration.
CIMG receives Nasdaq letter citing late 10-Q as additional delisting basis; shares continue trading
Nasdaq Hearings Panel will consider failure to timely file Form 10-Q for Dec 31, 2025 as additional delisting basis during monitor period.
CIMG Inc. dismisses Assentsure PAC, engages ST & Partners PLT as new auditor
Dismissed Assentsure PAC on Feb 18, 2026; no adverse opinions or disagreements in fiscal years 2024 and 2025.
CIMG reports FY2025 revenue $10.3M (+433% YoY); net loss down 45.5%; Nasdaq bid price regained
Revenue of $10.3M in FY2025, up ~433% YoY, driven by new computing power and digital health contracts.
CIMG Inc. raises $5M via convertible notes/warrants; $1.6M tranche closed Feb 13, 2026
Initial $1.6M tranche of $5M aggregate convertible notes closed on Feb 13, 2026; second $3.4M tranche contingent on S-1 filing.
CIMG receives additional delisting notice from Nasdaq for late 10-K filing
Nasdaq notified CIMG on Jan 22, 2026, of non-compliance with Listing Rule 5250(c)(1) due to failure to file Annual Report (Form 10-K) for FY ended Sep 30, 2025.
CIMG enters computing power industry with $124M in initial Q4 2025 contracts
Aggregate contract value ~$124M through multiple sales contracts and framework agreements, subject to conditions.
CIMG subsidiary shortlisted as supplier for Guangzhou Bank server procurement; $15.95M benchmark bid
Subsidiary Xinmiao Shidai shortlisted as candidate supplier for Bank of Guangzhou's 2025 server procurement tender.
CIMG acquires 230 BTC for $24.6M; signs $106.5M computing power contract with China Merchants Bank
Purchased 230 Bitcoin for ~$24.61M using internal funds; total BTC holdings reached 730.
Reverse stock split at 1-for-20 ratio reduces outstanding shares from ~309.7M to ~15.5M; effective 12:01 a.m. ET on Dec 5, 2025.
CIMG launches tokenized stock tIMG on FlowStocks; 15M shares tokenized 1:1
Tokenized stock tIMG launched for public trading on FlowStocks on November 28, 2025.
CIMG regains Nasdaq equity compliance after $55M private placement and note conversions
Shareholders' equity ~$49.52M as of Sep 30, 2025, vs negative $650K a year ago, far above Nasdaq's $2.5M minimum.
CIMG authorizes tokenization of shareholder's common stock on FlowStocks platform
CIMG entered a tripartite agreement with FlowStocks and shareholder DYT to tokenize DYT's CIMG common stock.
CIMG triples authorized shares to 600M; subsidiary named Inspur distributor
Authorized common stock increased from 200M to 600M shares, effective Oct 28, 2025.
CIMG Inc. appoints Wenlong Tong as President effective Oct 5, 2025; annual salary $24,000
Mr. Wenlong Tong, 36, appointed President effective October 5, 2025.
CIMG receives Nasdaq delisting notice for missing annual meeting; meeting set for Oct 28
Nasdaq notified CIMG on Oct 8, 2025 of non-compliance with Listing Rule 5620(a) for failing to hold annual meeting within 12 months of fiscal year end.
CIMG Inc. establishes Hong Kong subsidiary Braincoin Limited for AI computing power ecosystem
Braincoin Limited will serve as a hub connecting mainland China with international markets for AI development and deployment.
CIMG signs non-binding MOU with iZUMi to co-launch $20M digital-asset fund
CIMG and iZUMi Finance jointly commit $20 million to Upstarts Fund, an on-chain crypto fund for corporate capital deployment.
Nasdaq Panel grants CIMG continued listing; must comply by Sept 30, 2025
Nasdaq Hearings Panel granted CIMG's request to continue listing subject to conditions.
CIMG closes $55M private placement of 220M shares for 500 Bitcoin
Issued 220M shares at $0.25 each to non-U.S. investors for 500 Bitcoin ($55M gross proceeds).
CIMG sells $55M of common stock for 500 Bitcoin at $0.25/share
Issues 220M shares to nine non-U.S. investors at $0.25/share ($110,000 per Bitcoin).
CIMG to issue 220M shares for $55M in bitcoin via Reg S private placement
220M shares at $0.25/share; 148.1M issuable immediately, 71.9M pending shareholder approval to increase authorized shares.
CIMG subsidiary to acquire 51% of Shenzhen Zhimeng Qiyang at RMB 13M valuation
Zhongyan (CIMG's wholly-owned sub) will buy 51% equity in Shenzhen for total company valuation of RMB 13,000,000.
CIMG Inc. enters $4M convertible note agreement; 7% interest, conversion at $0.24
Aggregate principal $4M; 7% annual interest; maturity Aug 31, 2026; conversion price $0.24 per share.
CIMG receives Nasdaq delinquency notice for late filing of Q2 2025 Form 10-Q
Nasdaq notified CIMG on Aug 20, 2025 of non-compliance with Listing Rule 5250(c)(1) due to untimely Form 10-Q for June 30, 2025.
CIMG Inc. appoints Feng Tian as Chief Financial Officer effective August 6, 2025
Feng Tian, 33, appointed CFO effective August 6, 2025, with an annual base salary of $12,000.
Huomao Jiangxiang Baijiu, a premium Maotai-style liquor, launched on JD.com, Xiaohongshu, and Pinduoduo.
CIMG launches Huomao Global Investment Promotion Plan; appoints 5 ambassadors
Appointed promotion ambassadors for Singapore (Jianjun Zheng), Kazakhstan (Jiandong Zeng), Japan (Jirong Wang), Germany (Jiang Li), and North America (Junhong Chen).
CIMG receives second Nasdaq delist notice; hearing set for August 14, 2025
On January 14, 2025, Nasdaq notified CIMG of bid price non-compliance (closing <$1 for 30 days); compliance period ended July 14, 2025.
CIMG receives Nasdaq delist determination for failure to file periodic reports
Received delist determination on June 27, 2025 for not filing Form 10-K (FY Sep 30, 2024) and Forms 10-Q.
CIMG to Host Appreciation Dinner in Shanghai on July 13 to Mark Huomao Integration
CIMG (NASDAQ: IMG) will host an Appreciation Dinner in Shanghai on July 13, 2025, to mark the integration of its newly acquired subsidiary Shanghai Huomao Cultural Development Co., Ltd.
CIMG closes $1.07M private placement of 6M shares at $0.17808 per share
Issued 6,000,000 common shares to non-U.S. investors for aggregate $1,068,480.
CIMG Inc. raises $1.07M via private placement of 6M shares at $0.17808 per share
Sold 6,000,000 common shares at $0.17808 each for aggregate proceeds of $1,068,480 to non-U.S. investors under Regulation S.
CIMG gets third NASDAQ delinquency notice for late Q1 2025 10-Q filing
NASDAQ notified CIMG on May 19, 2025 of non-compliance with Listing Rule 5250(c)(1) due to untimely Q1 2025 Form 10-Q.
CIMG Inc. files 8-K for corporate structure update; no details provided
Filing references Exhibit 99.1 (corporate structure update), but exhibit text is missing from the available record.
CIMG completes acquisitions of Shanghai Huomao and Beijing Xilin; appoints COO
Shanghai Huomao acquisition closed April 22, 2025; Beijing Xilin closed March 31, 2025.
On March 18, 2025, investors converted $10M aggregate principal of convertible notes into common stock.
CIMG subsidiary to acquire 51% of Xilin Online e-commerce tech firm within 15 days
Zhongyan Shangyue, CIMG's wholly-owned subsidiary, signs intent agreement to buy 51% equity in Xilin Online.
CIMG to acquire 51% of Shanghai Huomao for 200K shares; 6-month lock-up
CIMG subsidiary will receive 51% equity in Shanghai Huomao in exchange for 200,000 shares of common stock.
CIMG unit to acquire 51% of Shanghai Huomao for 200,000 shares
Zhongyan acquires 51% equity in Huomao from three shareholders.
CIMG receives Nasdaq deficiency notice for late Q4 10-Q; faces potential delisting
Nasdaq notice received Feb 19, 2025 for not filing Form 10-Q for period ended Dec 31, 2024.
CIMG corrects warrant share count to 25,641,023 from 19,230,767 in $10M note deal
CIMG issued $10M aggregate principal of Notes and Warrants to six non-U.S. investors on Jan 16-17, 2025.
CIMG amends warrant agreement; warrant shares increased from 19.2M to 25.6M at $0.39
Amendment corrects warrant share calculation in Dec 12, 2024 SPA; warrant shares rise from 19,230,767 to 25,641,023.
Effective April 30, 2025, Mr. Xiaocheng Hao was appointed by the Board of Directors (the “Board”) to the position of Chief Operating Officer of CIMG, Inc. (the “Company”).
On January 9, 2025, Jian Liu, a member of the Board of Directors (the “Board”) of CIMG Inc. (the “Company”), notified the Company of his resignation from the Board, including his positions as a member of the audit committee, compensation committee, and nominating and corporate governance committee, effective immediately.
On September 4, 2024, the Board of Directors (the “Board”) of NuZee, Inc. (the “Company”) appointed Ms. Zhanzhan Shi to be the Company’s new Acting Chief Financial Officer, effective immediately.
The employment of our Co-Chief Executive Officer and Chief Financial Officer, Randell Weaver, concluded on August 31, 2024, in accordance with the terms of the Second Amended and Restated Employment Agreement between NuZee, Inc. (the “Company”) and Mr. Weaver, dated June 7, 2024, as previously disclosed in the Company’s Form 8-K filed on June 7, 2024.
Also on June 19, 2024, Jian Liu and Zongmei Huang were appointed to the Board as directors to fill the vacancies created by Mr. Jones’ and Mr. Robson ’s resignations.
Also on June 19, 2024, Jian Liu and Zongmei Huang were appointed to the Board as directors to fill the vacancies created by Mr. Jones’ and Mr. Robson ’s resignations.
On June 18, 2024, J. Chris Jones, and on June 19, 2024, David G. Robson, resigned from the board of directors (the “Board”) of NuZee, Inc. (the “Company”) and each committee of the Board of which they were a member.
On June 18, 2024, J. Chris Jones, and on June 19, 2024, David G. Robson, resigned from the board of directors (the “Board”) of NuZee, Inc. (the “Company”) and each committee of the Board of which they were a member.
On June 6, 2024, Masateru Higashida and Kevin J. Conner resigned from the board of directors of the Company (the “Board”) and any committee of the Board of which they were a member . Mr. Higashida also resigned from his positions of Chairman of the Board, Chief Executive Officer, Secretary, and Treasurer.
Also on June 6, 2024, Jianshuang Wang and Yanli Hou were appointed to the Board as directors to fill the vacancies created by Mr. Higashida’s and Mr. Conner’s resignations.
Further, effective on June 6, 2024, Ms. Wang and Randell Weaver, the existing Chief Financial Officer, Chief Operating Officer, and President of the Company, were both appointed to the Company as Co-Chief Executive Officers to fill the vacancy created by Mr. Higashida’s resignation. Mr. Weaver will also serve as Secretary and Treasurer to fill the vacancies created by Mr. Higashida’s resignation.
Also on June 6, 2024, Jianshuang Wang and Yanli Hou were appointed to the Board as directors to fill the vacancies created by Mr. Higashida’s and Mr. Conner’s resignations. It has not yet been determined on which committees of the Board Ms. Wang or Ms. Hou will serve, however, Ms. Wang will serve as the Chairman of the Board.
Max materiality 0.90 · Median 0.60 · Most common event other_material