Company: IMG
Filing Date: 2025-07-21
Form Type: 10-K
Source: 0001641172-25-020300
Chunk: 157

Company: CIMG Inc.
Filing Date: 2025-07-21
Form: 10-K
Item: Item 1
Chunk 157
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 events indicating greater oversight by the CAC over data security, we may be subject to a variety of PRC laws and
    other obligations regarding cybersecurity and data protection, and any failure to comply with applicable laws and obligations could
    have a material adverse effect on our business and our securities. (see page 37)

    ●
    Compliance
    with China’s new Data Security Law, Measures on Cybersecurity Review (revised draft for public consultation), Personal Information
    Protection Law (second draft for consultation), regulations and guidelines relating to the multi-level protection scheme and any
    other future laws and regulations may entail significant expenses and could materially affect our business. (see page 37)

    ●
    Failure
    to comply with the Foreign Corrupt Practices Act could adversely affect our business. (see page 39)

Risks Related to Ownership of our Common Stock

    ●
    The
    market price of our stock may be volatile, and you could lose all or part of your investment. (see page 40)

    ●
    Despite
    our listing on the Nasdaq Capital Market, there can be no assurance that an active trading market for our Common Stock will be sustained.
    (see page 40)

    ●
    The
    Nasdaq Capital Market may subsequently delist our securities if we fail to comply with ongoing listing standards. (see page 40)

    ●
    We
    have broad discretion in the use of the net proceeds from our recent offering and may not use them effectively, which could affect
    our results of operations and cause our stock price to decline. (see page 42)

    ●
    We
    incur significant costs as a result of operating as a public company, and our management must devote substantial time to compliance
    initiatives as a result of the listing of our Common Stock on the Nasdaq Capital Market. (see page 42)

    ●
    We
    expect to incur significant costs and devote substantial management time to maintaining our disclosure controls and procedures and
    internal control over financial reporting, and regardless we may be unable to prevent or detect all errors or acts of fraud or to
    accurately and timely report our financial results or file our periodic reports in a timely manner. If we are unable to maintain
    an effective system of internal control over financial reporting, we may not be able to accurately report our financial results,
    timely file our periodic reports, maintain our reporting status or prevent fraud. (see page 43