Company: IMG
Filing Date: 2025-07-21
Form Type: 10-K
Source: 0001641172-25-020300
Chunk: 723

Company: CIMG Inc.
Filing Date: 2025-07-21
Form: 10-K
Item: Item 6
Chunk 723
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 Wine. Each product features green purification
factors derived from the maca plant, ensuring a natural and clean composition.

Maca,
a plant native to South America and a member of the Brassicaceae family, is known for its nutritional value and adaptogenic properties.
Often referred to as “South American ginseng,” maca is prized for its ability to support stamina, vitality, and overall wellness.
It is primarily cultivated in the Andes Mountains in south America, and Jade Dragon Snow Mountain in Yunnan Province, China.

    ●
    Maca-Noni
    – a plant-based energy drink designed to support sexual vitality, with maca root as its key ingredient.

    ●
    Maca
    Peptide Coffee – a functional coffee beverage infused with maca peptides for enhanced wellness benefits.

    ●
    Maca
    Purified Powder – a concentrated, versatile maca powder ideal for daily nutritional use.

    ●
    Maca
    Wine – a unique beverage that combines traditional wine with the nourishing properties of maca.

We
currently distribute our products through wholesale channels, supplying grocery stores, convenience stores, and vending machine operators.
Looking ahead, we plan to expand into retail services and leverage digital technologies to optimize marketing strategies and diversify
our sales models. Our distribution network already spans both online platforms and offline points of sale.

Our
commitment extends beyond product quality and health benefits—we also focus on enhancing the packaging experience. Each design
is crafted to resonate with professionals across various industries, making our products more personalized, youthful, and distinctive.
For example, Maca-Noni represents a new entry into the functional beverage market, blending health-forward branding with innovative design.

Our
customer base includes wholesale distributors such as grocery stores, convenience stores, and vending machine providers.

Nasdaq
Listing Deficiency

The
Company received a notification letter from NASDAQ on January 23, 2024 (the “NASDAQ Notification Letter”), indicating that
the Company was not in compliance with NASDAQ Listing Rule 5550(b)(1) (the “Stockholders’ Equity Requirement”). The
NASDAQ Notification Letter stated that the Company failed to maintain a minimum of $2,500,000 in stockholders’ equity for continued
listing, as required by the Stockholders’ Equity Requirement.

Subsequently,
the Company completed a convertible note financing of $320,000 on April 27, 2024, an equity financing of $1,500,000 on June 4