Back to News
Dec 3, 2025 8:00 AM

CIMG Announces 20-for-1 Reverse Stock Split as Part of Strategic Nasdaq Compliance Initiative

BEIJING, Dec. 3, 2025 /PRNewswire/ -- CIMG Inc. ("CIMG" or the "Company") (NASDAQ:IMG), a business group specializing in digital health and sales development, which utilizes technology and marketing to enhance its business partners' sales growth and commercial value, today announced that its Board of Directors and majority Shareholders have approved a 20-for-1 reverse stock split of its common stock. On December 2, 2025, the Company filed a Certificate of Change with the Secretary of State of the State of Nevada to effect the reverse split. The reverse stock split will become effective on December 5, 2025 at 12:01 a.m., Eastern Time.

The Company's common stock will continue to trade on The Nasdaq Capital Market ("Nasdaq") under the existing symbol "IMG" and will begin trading on a split-adjusted basis when the market opens on December 5, 2025. The new CUSIP number for the common stock following the reverse stock split will be 67073S406.

At the effective time of the reverse stock split, every 20 shares of the Company's issued and outstanding common stock will be automatically reclassified and combined into 1 share of common stock. This will reduce the number of issued and outstanding shares of common stock from 309,667,840 shares to approximately 15,483,392 shares, subject to adjustment for rounding. ...