Company: IMG
Filing Date: 2025-07-30
Form Type: 10-K/A
Source: 0001641172-25-021542
Chunk: 126

Company: CIMG Inc.
Filing Date: 2025-07-30
Form: 10-K/A
Chunk 126
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 of employment, expiration of options and performance conditions not met.

| F-19 |

The following table summarizes stock option activity
for the year ended September 30, 2023.

|                                   |     | Number of Shares |         |   |     | Weighted Average Exercise 
 Price                     |        |     | Weighted Average Remaining Contractual Life (years) |      |     | Aggregate Intrinsic Value |       |
|:----------------------------------|:----|:-----------------|--------:|:--|:----|:--------------------------|-------:|:----|:----------------------------------------------------|-----:|:----|:--------------------------|------:|
| Outstanding on September 30, 2022 |     |                  | 113,650 |   |     | $                         | 149.88 |     |                                                     | 7.40 |     | $                         | 1,207 |
| Granted                           |     |                  |   6,000 |   |     |                           |   8.15 |     |                                                     | 9.88 |     |                           |     - |
| Exercised                         |     |                  |       - |   |     |                           |      - |     |                                                     |    - |     |                           |     - |
| Expired                           |     |                  |  (3,343 | ) |     |                           | 145.41 |     |                                                     |    - |     |                           |     - |
| Forfeited                         |     |                  | (19,849 | ) |     |                           | 105.27 |     |                                                     | 4.17 |     |                           |     - |
| Outstanding on September 30, 2023 |     |                  |  96,458 |   |     |                           | 150.39 |     |                                                     | 5.84 |     | $                         |     - |
| Exercisable on September 30, 2023 |     |                  |  72,429 |   |     | $                         | 173.24 |     |                                                     | 4.99 |     | $                         |     - |

A summary of the status of the Company’s nonvested
options as of September 30, 2024 and 2023, are presented below:

SCHEDULE OF NONVESTED OPTIONS

|                                         |     | Number of Nonvested Options |         |   |     | Weighted Average Grant Date Fair Value |