Company: IMG
Filing Date: 2025-07-30
Form Type: 10-K/A
Source: 0001641172-25-021542
Chunk: 72

Company: CIMG Inc.
Filing Date: 2025-07-30
Form: 10-K/A
Chunk 72
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 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, 2024, and an equity financing of $3,000,000 on July 11, 2024. On July 23, 2024, the Company received a letter from NASDAQ stating that based on the Company’s Form 8-K, filed with the Commission on July 19, 2024, NASDAQ has determined that the Company has complied with Listing Rule 5550(b)(1).

On January 14