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

Company: CIMG Inc.
Filing Date: 2025-07-21
Form: 10-K
Item: Item 1A
Chunk 10
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. As a result, there can be
no assurance that our performance will be consistent with any public forecasts or that any variation from such forecasts will not be
material and adverse. Failure to meet expectations, particularly with respect to operating margins, earnings per share, operating cash
flows and net revenues may result in a decline and/or increased volatility in the price of our stock. In addition, broad price and volume
fluctuations in the stock market as a whole, as well as general economic, business and political conditions, may adversely affect the
price of our stock in ways that may be unrelated to our financial performance.

25

Our
international sales and operations subject us to various additional legal, regulatory, financial and other risks.

We
have a manufacturing and sales office in Hong Kong. We operate globally and are attempting to develop products in multiple countries.
Consequently, we face complex legal and regulatory requirements in multiple jurisdictions, which may expose us to certain financial and
other risks. International operations are subject to a variety of risks, including:

    ●
    foreign
    currency exchange rate fluctuations;
  
    ●
    greater
    difficulty in overseeing foreign operations;
  
    ●
    logistical
    and communications challenges;
  
    ●
    potential
    adverse changes in laws and regulatory practices, including export license requirements, trade barriers, tariffs and tax laws;
  
    ●
    burdens
    and costs of compliance with a variety of foreign laws;
  
    ●
    political
    and economic instability;
  
    ●
    foreign
    tax laws and potential increased costs associated with overlapping tax structures;
  
    ●
    greater
    difficulty in protecting intellectual property;
  
    ●
    the
    risk of third-party disputes over ownership of intellectual property and infringement of third-party intellectual property by our
    products; and
  
    ●
    general
    social, economic and political conditions in these foreign markets.

Increased
competition, including as a result of industry consolidation, could hurt our businesses.

The
maca products industry is intensely competitive and we compete with respect to product, quality, convenience, technology, innovation,
and price. We face significant competition in each of our channels and marketplaces. We compete with major international maca products
companies that operate in multiple geographic areas, many of which have greater financial and other resources than we do, as well as
numerous companies that are primarily local in operation. Our Maca Series products also compete against local or regional brands as well
as against