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CIMG Enters Convertible Note Agreement with Investors

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CIMG Enters Convertible Note Agreement with Investors

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CIMG ( (IMG) ) has provided an announcement.

On August 21, 2025, CIMG Inc., a Nevada corporation, entered into a convertible note purchase agreement with non-U.S. investors for a private placement of convertible promissory notes totaling $4,000,000. The notes, bearing an annual interest rate of 7%, mature on August 31, 2026, and are convertible into common stock at a price of $0.24 per share. The transaction is set to close on September 5, 2025, pending fulfillment of all conditions, potentially impacting the company’s financial structure and market operations.

The most recent analyst rating on (IMG) stock is a Sell with a $0.50 price target. To see the full list of analyst forecasts on CIMG stock, see the IMG Stock Forecast page.

Spark’s Take on IMG Stock

According to Spark, TipRanks’ AI Analyst, IMG is a Underperform.

CIMG’s overall stock score is low due to significant financial challenges and poor valuation metrics. The technical analysis indicates a bearish trend, further impacting the score. While there are some positive corporate developments, they are not enough to offset the financial and compliance issues.

To see Spark’s full report on IMG stock, click here.

More about CIMG

Average Trading Volume: 14,524,239

Technical Sentiment Signal: Strong Sell

Current Market Cap: $9.1M

For a thorough assessment of IMG stock, go to TipRanks’ Stock Analysis page.

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