Company: IMG
Filing Date: 2025-07-30
Form Type: 10-K/A
Source: 0001641172-25-021542
Chunk: 60

Company: CIMG Inc.
Filing Date: 2025-07-30
Form: 10-K/A
Chunk 60
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 control or changes in our management. The existence of the foregoing provisions could limit the price that investors might be willing to pay in the future for shares of our Common Stock. They could also deter potential acquirers of our company, thereby reducing the likelihood that our stockholders could receive a premium for their Common Stock in an acquisition.

We have never paid dividends on our capital stock and we do not anticipate paying any dividends in the foreseeable future. Consequently, any profits from an investment in our Common Stock will depend on whether the price of our Common Stock increases.

We have not paid dividends on any of our classes of capital stock to date and we currently intend to retain our future earnings, if any, to fund the development and growth of our business. As a result, capital appreciation, if any, of our Common Stock will be our stockholders’ sole source of gain for the foreseeable future.

Claims for indemnification by our directors and officers may reduce our available funds to satisfy successful third-party claims against us and may reduce the amount of money available to us.

Our third amended and restated bylaws provide that we will indemnify our directors and officers, in each case to the fullest extent permitted by Nevada law. In addition, our third amended and restated bylaws and our indemnification agreements that we have entered into with our directors and officers provide for the following:

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| ● | We                                                                                                                                      
 will indemnify our directors and officers for serving us in those capacities or for serving other business enterprises at our request,  
 to the fullest extent permitted by Nevada law. Nevada law provides that a corporation may indemnify such person if such person acted    
 in good faith and in a manner such person reasonably believed to be in or not opposed to the best interests of the registrant and,      
 with respect to any criminal proceeding, had no reasonable cause to believe such person’s conduct was unlawful.                         |
| ● | We                                                                                                                                      
 will also indemnify employees and agents in those circumstances where indemnification is permitted by applicable law.                   |
| ● | We                                                                                                                                      
 are required to advance expenses, as incurred, to any indemnitee in connection with defending a proceeding, except that such indemnitee 
 shall undertake to repay such advances if it is ultimately determined that such person is not entitled to indemnification.              |
| ● | The                                                                                                                                     
 rights conferred in our third amended and restated bylaws are not exclusive, and we are authorized                                      
 to enter into indemnification agreements with our directors, officers, employees and agents                                             
 and to