Company: IMG
Filing Date: 2025-11-07
Form Type: 10-Q/A
Source: 0001493152-25-021258
Chunk: 26

Company: CIMG Inc.
Filing Date: 2025-11-07
Form: 10-Q/A
Chunk 26
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5        |     |              |  7,500 |
| 2026        |     |              | 30,000 |
| 2027        |     |              | 20,000 |
| Grand Total |     |              | 57,500 |

| 19 |

8. ISSUANCE OF EQUITY SECURITIES

On April 22,2025, the Company issued 200,000shares of its common stock for a total value of $ 118,200under the 2024 Equity Incentive Plan.

On June 2, 2025, CIMG Inc., entered into a share purchase agreement (the “Share Purchase Agreement”) with certain non-U.S. investors (the “Investors”), providing for the private placement of 6,000,000shares of common stock, par value $ 0.00001per share (the “Common Stock”, or the “Shares”) of the Company in the aggregate principal amount of $ 1,068,480, at a purchase price of $ 0.17808per share, in reliance on the registration exemptions of Regulation S of the Securities Act of 1933.

The following table summarizes the restricted common shares activities for the nine months ended June 30, 2025 and 2024:

SCHEDULE OF RESTRICTED STOCK SHARES ACTIVITIES

|                                                             |     | 2025 |             |   |     | 2024 |         |   |
| Number of shares outstanding at September 30, 2024 and 2023 |     |      |     320,743 |   |     |      |  50,056 |   |
| Restricted shares granted                                   |     |      |  30,563,200 |   |     |      |       - |   |
| Restricted shares forfeited                                 |     |      |           - |   |     |      | (13,561 | ) |
| Restricted shares vested                                    |     |      | (16,358,545 | ) |     |      | (17,592 | ) |
| Number of shares outstanding at June 30, 2025 and 2024      |     |      |  14,525,398 |   |     |      |  18,903 |   |

9. STOCK OPTIONS AND WARRANTS

Options

During the nine months ended June 30, 2025, the Company granted nonew stock options.

During the nine months ended June