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

Company: CIMG Inc.
Filing Date: 2025-07-30
Form: 10-K/A
Chunk 25
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 capital through public or private equity offerings. However, we may not be able raise such additional capital on favorable terms or at all. If we are unsuccessful in efforts to raise additional capital, based on our current levels of operating expenses, our current capital is not expected to be sufficient to fund our operations for the next twelve months. These conditions raise substantial doubt about our ability to continue as a going concern.

We may also consider raising additional capital in the future to expand our business, to pursue strategic investments or acquisitions, to take advantage of financing opportunities or for other reasons, including to:

| ● | fund                                                                                          
 development of our products;                                                                  |
| ● | acquire,                                                                                      
 license or invest in technologies or intellectual property relating to our existing products; |
| ● | acquire                                                                                       
 or invest in complementary businesses or assets; and                                          |
| ● | finance                                                                                       
 capital expenditures and general and administrative expenses.                                 |

| 23 |

Our present and future funding requirements will depend on many factors, including:

| ● | success                                                                            
 of our current marketing efforts;                                                  |
| ● | our                                                                                
 revenue growth rate and ability to generate cash flows from sales of our products; |
| ● | effects                                                                            
 of competing technological and market developments; and                            |
| ● | changes                                                                            
 in regulatory oversight applicable to our products.                                |

The various alternatives for raising additional capital include short-term or long-term debt financings, equity offerings, collaborations or licensing arrangements and each one carries potential risks. If we raise funds by issuing equity securities, our stockholders will be further diluted. If we raise funds by issuing debt securities, those debt securities would have rights, preferences and privileges senior to those of holders of our Common Stock. The terms of debt securities issued or borrowings pursuant to a credit agreement could impose significant restrictions on our operations or our ability to issue additional equity securities or issue additional indebtedness.

We may also be required under additional debt financing to grant security interests on our assets, including our intellectual property. If we raise funds through collaborations and licensing arrangements, we might be required to relinquish significant rights to our intellectual property, or grant licenses on terms that are not favorable to us which could lower the economic value of those items to us.

The credit markets and the financial services industry have in the past experienced turmoil and upheaval characterized by the bankruptcy, failure, collapse, or sale of various financial institutions and intervention from the U.S. federal government. Furthermore, the capital markets and the financial services industry are currently and expected to continue to be unpredictable