Company: IMG
Filing Date: 2025-07-21
Form Type: 10-K
Source: 0001641172-25-020300
Chunk: 45

Company: CIMG Inc.
Filing Date: 2025-07-21
Form: 10-K
Item: Item 1A
Chunk 45
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 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:

44

    ●
    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 obtain insurance to indemnify such persons.

General
Risk Factors

Product
safety and quality concerns could negatively affect our business.

Our
success depends in part on our ability to maintain consumer confidence in the safety and quality of all of our products. While we are
committed to the safety and quality of our products, we may not achieve our product safety and quality standards. Product safety or quality
issues, or mislabeling, actual or perceived, or