Company: IMG
Filing Date: 2025-07-21
Form Type: 10-K
Source: 0001641172-25-020300
Chunk: 232

Company: CIMG Inc.
Filing Date: 2025-07-21
Form: 10-K
Item: Item 1
Chunk 232
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 compensation committee.

Clawback
Policy

On
January 20, 2023, our Board of Directors adopted Incentive-Based Compensation Clawback Policy (“Clawback Policy”), which
provides for the clawback of certain compensation in the event that the Company is required to prepare an accounting restatement due
to the material noncompliance of the Company with any financial reporting requirements. The Clawback Policy is a supplement to any other
clawback policies in effect now or in the future at the Company. The Incentive-Based Compensation subject to clawback is the Incentive-Based
Compensation Received during the three completed fiscal years immediately preceding the date that the Company is required to prepare
an accounting restatement.

ITEM
12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS.

Equity
Compensation Plan Information

Our Board has terminated the 2013 Plan, the 2019 Plan and the 2023 Plan.

The
following table sets forth information concerning the 2024 Plan as of September 30, 2024:

    Plan
    Category 
     Number
                                            of securities
                                            to be issued
                                            upon exercise
                                            of outstanding options,
                                            warrants and
                                            rights (a)  
     
    Weighted- average exercise price
                                            of outstanding options, warrants and
                                            rights (b)
      
    Number
                                            of securities remaining available
                                            for future
                                            issuance under
                                            equity compensation plans
                                            (excluding securities reflected
                                            in column
                                            (a)) (c)
  
    Equity
    compensation plans approved by security holders 
     —  
    $
    —
      
    —
  
    Equity
    compensation plans not approved by security holders 
     —  
     
    —
      
    —
  
    Total 
     0  
    $
    0
      
    0

65

Management
and Directors

The
following table sets forth certain information regarding the beneficial ownership of our common stock as of July 2, 2025 by: (i) each
director and nominee for director; (ii) each of the named executive officers named in the Summary Compensation Table set forth above;
and (iii) all of the directors, nominees and executive officers as a group.

Except
as otherwise indicated, all shares are owned directly, and the percentage shown is based on 36