Company: IMG
Filing Date: 2025-02-25
Form Type: DEF 14C
Source: 0001493152-25-008207
Chunk: 4

Company: CIMG Inc.
Filing Date: 2025-02-25
Form: DEF 14C
Chunk 4
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 of the Company’s voting stock. Each holder of common stock is entitled to one (1) vote for each share of common stock held.

The date used for purposes of determining the number of outstanding shares of the voting stock of the Company entitled to vote is February 10, 2025. The record date for determining those stockholders of the Company entitled to receive this Information Statement is the close of business on February 10, 2025. As of the February 10, 2025, the Company had 10,739,800 shares of voting stock outstanding, with all 10,739,800 shares being common stock. All outstanding shares are fully paid and nonassessable.

Vote Obtained

Section 78.320 of the NRS and Section 1.11 of Article I of our bylaws provide that any action which may be taken at any annual or special meeting of stockholders may be taken without a meeting, without prior notice and without a vote, via written consent of the holders of outstanding stock having not less than the minimum number of votes that would be necessary to authorize or take such action at a meeting at which all shares entitled to vote thereon were present and voted.

The consenting stockholders voted to approve the corporate actions and their respective approximate ownership percentage of the voting stock of the Company as of February 10, 2025, totaling in the aggregate 51.82% of the outstanding voting stock.

<div align='center'>WE ARE NOT ASKING YOU FOR A PROXY AND YOU ARE REQUESTED NOT TO SEND A PROXY.</div>

<div align='center'>CORPORATE ACTIONS

I. APPROVAL OF, FOR PURPOSES OF COMPLYING WITH NASDAQ LISTING RULE 5635(D), THE ISSUANCE OF MORE THAN 20% OF THE COMPANY’S ISSUED AND OUTSTANDING COMMON STOCK PURSUANT TO CONVERSION OF NOTES AND EXERCISE OF WARRANTS SOLD UNDER THE CONVERTIBLE NOTE AND WARRANT PURCHASE AGREEMENT DATED DECEMBER 12, 2024 TO RAISE AN AGGREGATE OF $10,000,000 WITH CERTAIN INVESTORS.</div>

On December 12, 2024, our Board, and on February 10, 2025, the Majority Shareholders authorized and approved, for purposes of complying with Nasdaq Listing Rule 5635(d), the issuance to certain investors of more than 20% of the Corporation’s issued and outstanding common stock pursuant to the terms and conditions of the