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.com0.24
-0.01 (-2.83%)
Find more stocks in the Stock Screener