Current Report
Filed: 2026-03-25
Key Insights
- CIMG Inc. has entered into an Amended and Restated Convertible Note and Warrant Purchase Agreement with certain non-U.S. investors, reflecting changes due to the suspension of trading of its common stock on The Nasdaq Stock Market.
- The amended convertible notes now have a floor conversion price of $0.10 per share and the amended warrants can only be exercised for cash at $0.015 per share.
- CIMG Inc. has agreed to file a registration statement within 15 days to cover the resale of shares issuable upon conversion of the amended notes and exercise of the amended warrants.