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CIMG ( (IMG) ) has provided an update.
On June 27, 2025, CIMG Inc. received a delist determination letter from Nasdaq due to non-compliance with filing requirements, including the failure to submit its Form 10-K for the fiscal year ending September 30, 2024, and Forms 10-Q for subsequent periods. Despite previous exceptions granted by Nasdaq, the company did not meet the deadlines, leading to the potential suspension of its stock trading on July 9, 2025, unless an appeal is made. Additionally, CIMG faces delisting risks due to not meeting the minimum stockholders’ equity requirement, despite a previous compliance notification in July 2024. The company plans to appeal the delisting decision and aims to file the necessary reports by July 7, 2025.
More about CIMG
CIMG Inc. is a global business group specializing in digital health and sales development. Utilizing technology and marketing, the company enhances its partners’ sales growth and commercial value. The company’s brands include Kangduoyuan, Maca-Noni, Qianmao, Huomao, and Coco-mango.
Average Trading Volume: 290,523
Technical Sentiment Signal: Sell
Current Market Cap: $10.15M
Learn more about IMG stock on TipRanks’ Stock Analysis page.