Company: IMG
Filing Date: 2025-12-17
Form Type: 8-K
Source: 0001493152-25-028158
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Company: CIMG Inc.
Filing Date: 2025-12-17
Form: 8-K
Item: Item 1.01
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Item
1.01 Entry into a Material Definitive Agreement.

Bitcoin
Purchase Agreement

On
October 20, 2025, CIMG Pte. Ltd., a Singapore limited liability company and a wholly owned subsidiary of CIMG Inc. (the “ Company”),
entered into a Bitcoin Purchase Agreement (the “ Bitcoin Purchase Agreement”) with Lordan Group Ltd., as seller, pursuant
to which CIMG Pte. Ltd. agreed to purchase an aggregate of 230 Bitcoin (BTC) from the seller. The transaction price was determined based
on a floating pricing mechanism tied to market prices over a 30-day period following execution of the Bitcoin Purchase Agreement, with
an estimated aggregate purchase price of approximately USD 24.61 million.

Under
the terms of the Bitcoin Purchase Agreement, payment of the purchase price was made in installments within 30 working days following
execution, and the seller was required to transfer the Bitcoin to a digital wallet address designated by CIMG Pte. Ltd. within 20 days
after receipt of full payment, with transfer completion confirmed on the applicable blockchain network.

The
Bitcoin Purchase Agreement contains customary representations and warranties, covenants, risk acknowledgements related to digital assets,
confidentiality provisions, liquidated damages for breach, and dispute resolution provisions.

The
foregoing description of the Bitcoin Purchase Agreement does not purport to be complete and is qualified in its entirety by reference
to the full text of the Bitcoin Purchase Agreement, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated
herein by reference.

On
December 12, 2025, CIMG Pte. Ltd. completed the purchase of 230 Bitcoin (BTC) pursuant to the Bitcoin Purchase Agreement. Upon completion
of the transaction, the seller transferred the 230 Bitcoin to a digital wallet address designated by CIMG Pte. Ltd. The aggregate purchase
price for the Bitcoin was approximately USD 24.61 million, and was funded using the Company’s internal sources of capital. Following
the completion of this transaction, the Company’s total Bitcoin holdings increased to 730 Bitcoin.

China
Merchants Bank IT Equipment Procurement Framework Contract

On
December 12, 2025, the Company, through its wholly owned subsidiary Zhongyan Shangyue Technology Co., Ltd. (“ Zhongyan Shangyue”),
entered into a China Merchants Bank IT Equipment Procurement Framework Contract (the “ IT Equipment Procurement