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CIMG Inc. Announces the execution of Securities Purchase Agreement for the sale of $55 Million its Common Stock in Exchange for 500 Bitcoin Bolstering the Company's Digital Asset Reserves

Provided By PR Newswire

Last update: Aug 27, 2025

BEIJING, Aug. 27, 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 partners' sales growth and commercial value, today announced it has entered into a definitive Securities Purchase Agreement pursuant to which it will sell $55,000,000 of its common stock in exchange for 500 Bitcoin from nine non-U.S. investors at a  purchase price of $0.25 per shares or  $110,000 per Bitcoin. Pursuant to the Securities Purchase Agreement, , the Company will issue 220 million shares of common stock to the investors. The transaction is expected to settle in early September.

Read more at prnewswire.com

CIMG INC

NASDAQ:IMG (10/17/2025, 8:20:50 PM)

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