CIMG Inc. has entered into a share purchase agreement with certain investors for a private placement of 6,000,000 shares of common stock, priced at $0.17808 per share, totaling $1,068,480. This move is expected to increase the company's total outstanding shares from 30,397,418 to 36,397,418. In conjunction with the agreement, CIMG Inc. will file a registration statement for the resale of these shares by August 8, 2025.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.