Company: IMG
Filing Date: 2025-08-26
Form Type: 8-K
Source: 0001641172-25-025554
Chunk: 0

Company: CIMG Inc.
Filing Date: 2025-08-26
Form: 8-K
Item: Item 1.01
Chunk 0
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Item
1.01 Entry into a Material Definitive Agreement.

On
August 21, 2025, CIMG Inc., a Nevada corporation (the “ Company”), entered into a convertible note purchase agreement (the
“ Purchase Agreement”) with certain non U. S. investors (the “ Investors”), providing for the private placement
of convertible promissory notes in the aggregate principal amount of $4,000,000 (the “ Notes”) in reliance on the registration
exemptions of Regulation S.

The
Notes bear interest at an annual rate of 7% and have a maturity date of August 31, 2026. The sale and purchase of the Notes shall take
place at a closing (the “ Closing”) to be held on September 5, 2025 (the “ Closing Date”) following the satisfaction
of all conditions precedent. The Notes shall be convertible into shares of common stock of the Company, at a conversion price of $0.24
per shares, subject to adjustment in accordance with the Notes.

The
foregoing description of the Purchase Agreement, and the Notes, does not purport to be complete and is qualified in its entirety by the
full text of the Purchase Agreement, and the form of the Notes, which are attached hereto as Exhibits 10.1, and 10., respectively, and
are incorporated herein by reference.

Item
2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The
information provided in Item 1.01 of this Current Report on Form 8-K is hereby incorporated by reference in this Item 2.03.

Item
3.02. Unregistered Sales of Equity Securities.

The
information provided in Item 1.01 of this Current Report on Form 8-K is hereby incorporated by reference in this Item 3.02.

Item
9.01 Financial Statement and Exhibits