Company: IMG
Filing Date: 2025-07-21
Form Type: 10-K
Source: 0001641172-25-020300
Chunk: 307

Company: CIMG Inc.
Filing Date: 2025-07-21
Form: 10-K
Item: Item 1B
Chunk 307
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 are met.

56

Our
management, with the participation of our Chief Executive Officer and Chief Financial Officer, carried out an evaluation of the
effectiveness of our “disclosure controls and procedures” (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) as
of September 30, 2024, the end of the period covered by this Report (the “Evaluation Date”). Based upon that evaluation,
our Chief Executive Officer and Chief Financial Officer concluded that, as of the Evaluation Date, our disclosure controls and
procedures were not effective, at the reasonable assurance level, to ensure that information required to be disclosed by us in the
reports that we file or submit under the Exchange Act (i) is recorded, processed, summarized and reported, within the time periods
specified in the SEC rules and forms and (ii) is accumulated and communicated to our management, including our Chief Executive
Officer and Chief Financial Officer, as appropriate to allow timely decisions regarding required disclosure.

    b.
    Management’s
    report on internal control over financial reporting

Our
management, including our Chief Executive Officer and Chief Financial Officer, is responsible for establishing and maintaining
adequate internal control over financial reporting as defined in Exchange Act Rules 13a-15(f) and 15d-15(f). Our internal control
system was designed to provide reasonable assurance to our management and board of directors regarding the preparation and fair
presentation of published financial statements. Our management assessed the effectiveness of the Company’s internal control
over financial reporting as of the end of the period covered by this Report based on the criteria for effective internal control
described in Internal Control-Integrated Framework (2013) issued by the Committee of Sponsoring Organization of the Treadway
Commission (COSO). Based on this assessment, our management has concluded that the Company’s internal control over financial
reporting was not effective as of September 30, 2024.

As
we are a non-accelerated filer, our independent registered public accounting firm is not required to issue an attestation report on our
internal control over financial reporting.

Changes
In Internal Control Over Financial Reporting

There
are no changes in our internal control over financial reporting that occurred during the fiscal year ended September 30, 2024 that have
materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

ITEM
9B. OTHER INFORMATION

None.

ITEM
9C