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CIMG ( (IMG) ) has provided an announcement.
CIMG Inc., listed on Nasdaq under the symbol IMG, received a delist determination letter from Nasdaq on July 17, 2025, due to its failure to meet the minimum bid price requirement of $1 per share for 30 consecutive business days. The company was initially notified of this issue on January 14, 2025, and given 180 days to comply, which it failed to do by the deadline of July 14, 2025. As CIMG does not meet the initial listing requirements for The Nasdaq Capital Market, it is not eligible for an extension. The company has appealed the decision, with a hearing scheduled for August 14, 2025, where it will present its case to the Nasdaq Hearings Panel.
More about CIMG
Average Trading Volume: 537,736
Technical Sentiment Signal: Sell
Current Market Cap: $9.75M
Find detailed analytics on IMG stock on TipRanks’ Stock Analysis page.