StockNews.AI
IMG
StockNews.AI
45 mins

CIMG Inc. Obtains Shareholder Consent for Corporate Resolutions

1. CIMG approved increasing authorized shares from 600M to 2B. 2. Company plans to raise $850M through stock and warrants issuance. 3. CIMG focuses on digital health and cryptocurrency strategies. 4. Forward-looking statements caution risks related to business growth.

6m saved
Insight

FAQ

Why Bullish?

The substantial capital raise indicates strong investor confidence, akin to past successful capital expansions in the tech sector.

How important is it?

The increase in share capital and funding underscores potential for business expansion and value creation.

Why Short Term?

The immediate influx of capital could enhance growth, influencing short-term investor sentiment.

Related Companies

BEIJING, Dec. 29, 2025 /PRNewswire/ -- CIMG Inc. ("CIMG" or the "Company") (NASDAQ:IMG), a business group specializing in digital health and sales development, which utilizes technology and marketing to enhance its business partners' sales growth and commercial value, today announced that it has obtained stockholder approval to increase the number of authorized shares of common stock from 600,000,000 to 2,000,000,000; and the issuance by the Company of units consisting of one share of Common Stock and one warrant to purchase one share of Common Stock (the "Units"), for aggregate gross proceeds of up to $850,000,000.

About CIMG 

CIMG is a business group specializing in digital health and sales development, with a cryptocurrency-focused strategy. The Company leverages AI and cryptocurrencies (such as Bitcoin and stablecoins) to drive business growth, helping clients maximize user growth and enhance brand management value. The Company's current client portfolio includes brands such as Kangduoyuan, Maca-Noni, Qianmao, Huomao, and Coco-mango.

Forward-Looking Statements

This press release contains information about the Company's view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary for its operations, and its ability to protect its intellectual property. The Company encourages you to review other factors that may affect its future results in its Annual Reports, Quarterly Reports, registration statements, and other filings with the Securities and Exchange Commission.

For more information, please contact:

CIMG Inc.

+ 852 70106695

http://www.ccmg.tech

ir@ccmg.tech 

Cision View original content:https://www.prnewswire.com/news-releases/cimg-inc-obtains-shareholder-consent-for-corporate-resolutions-302650197.html

SOURCE CIMG Inc.

Related News