Company: IMG
Filing Date: 2025-07-21
Form Type: 10-K
Source: 0001641172-25-020300
Chunk: 204

Company: CIMG Inc.
Filing Date: 2025-07-21
Form: 10-K
Item: Item 1
Chunk 204
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 and other
economic activities between major economies, resulting in a material adverse effect on global economic conditions and the stability of
global financial and stock markets. Moreover, the heightened geopolitical uncertainty and potential for further escalation may discourage
investments in securities issued by China-based companies (including us) and affect the global macroeconomic environment. For example,
it has been reported that the U.S. administration may consider imposing further restrictions or prohibitions on trading of Chinese securities.
Such geopolitical developments could materially and adversely affect our overall financial performance and prices of our Common Stock.

Furthermore,
such tensions may lead to consumer boycotts, increased security measures, and travel restrictions, all of which could negatively affect
our ability to conduct business, maintain supply chain operations, and expand into new markets. Any restrictions on international trade
and capital flows may have a negative impact on our ability to access capital and expand our operations. As a result, any of these events
could have a material adverse effect on our business, financial condition, and results of operations. The Maca Series products are exclusively
distributed in the Asian market, with raw materials, supply chains, and sales operations based in China. In contrast, DRIPKIT products
are sold solely in the U.S. market, with their raw materials, supply chains, and sales operations entirely within the United States.
As both product lines operate independently and do not involve cross-border trade, the Company is not directly affected by changes in
export tariffs or foreign import policies. Accordingly, as of the date of this report, ongoing geopolitical tensions have had a limited
impact on our business.

47

ITEM
1B. UNRESOLVED STAFF COMMENTS

Not
applicable.

ITEM 1C. CYBERSECURITY

The
Company’s executive officers oversee the strategic processes to safeguard data and comply with relevant regulations and has overall
responsibility for evaluating cybersecurity risks, as well as related policies and risks in connection with the company’s supply
chain, suppliers and other service providers. The Company does not currently engage any assessors, consultants, auditors, or other third
parties in connection with any such processes, given the size and scale of the Company, the resources available to it, the anticipated
expenditures, and the risks it faces in terms of cybersecurity. The Company’s executive officers are responsible for overseeing
and periodically reviewing and identifying risks from cybersecurity threats associated with its use of any third-party service provider.

Since the start of its latest completed fiscal year
and up to the date of this