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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): March 19, 2025
CIMG
Inc.
(Exact
name of registrant as specified in its charter)
Nevada |
|
001-39338 |
|
38-3849791 |
(State
or other jurisdiction
of
incorporation or organization |
|
(Commission
File
No.) |
|
(IRS
Employer
Identification
No.) |
6107,
6th Floor, Building C4, No.1 Huangchang West Road,
Dougezhuang,
Chaoyang District, Beijing, China
(Address
of principal executive offices)
+
86 18518579917
(Registrant’s
telephone number, including area code)
N/A
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
|
☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
Common
Stock, $0.00001 par value |
|
IMG |
|
The
Nasdaq Stock Market LLC |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item
7.01 Regulation FD Disclosure.
On
March 19, 2025, the Company issued a press release announcing a Business Cooperation Intent Agreement with Shanghai Huomao
Cultural Development Co., Ltd. A copy of the press release is attached hereto as Exhibit 99.1 to this Current Report on Form 8-K.
The
information set forth in this Current Report on Form 8-K and the attached Exhibit 99.1 is being furnished and shall not
be deemed “filed” for purposes of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject
to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or
the Exchange Act, regardless of any general incorporation language in such filing. The furnishing of this information hereby shall
not be deemed an admission as to the materiality of any such information.
Item
9.01 Financial Statement and Exhibits
(d)
Exhibits.
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned thereunto duly authorized.
|
CIMG
Inc. |
|
|
|
Dated:
March 19, 2025 |
By: |
/s/
Jianshuang Wang |
|
Name: |
Jianshuang
Wang |
|
Title: |
Chief
Executive Officer and Director |
Exhibit 99.1
CIMG
Inc. entered into a Business Cooperation Intent Agreement with Shanghai Huomao Cultural Development Co., Ltd.
Beijing,
China, March 19, 2025 — CIMG Inc. (“CIMG” or the “Company”) (NASDAQ: IMG), a company with a heritage
in specialty coffee and an emerging business in broader consumer food and beverage products, today announced that its wholly-owned subsidiary
in China, Zhongyan Shangyue Technology Co., Ltd., has signed a Business Cooperation Intent Agreement with Shanghai Huomao Cultural Development
Co., Ltd. (“Huomao”). In the future, both parties of the agreement will jointly operate Huomao’s liquor industry and
the dendrobium industry.
Shanghai
Huomao Cultural Development Co., Ltd. owns the premium Chinese liquor brand Huomao. Huomao redefines the drinking experience
of high-end Chinese liquor through its unique brewing technology, offering a premium choice for global Chinese liquor enthusiasts that
emphasizes the importance of both health and enjoyment. Pursuant to the agreement, three shareholders of Huomao intend to transfer an
aggregate of 51% of their equity interest in Huomao to Zhongyan (the “Transfer”) in exchange for 200,000 shares of CIMG’s
common stock, par value $0.00001 per share (“Common Stock”), to be issued to the designated parties. The Common Stock shall
be subject to a six-month lock-up period. The parties to the Agreement plan to consummate the Transfer within 15 calendar days from the
date of the Agreement.
The
Company also agreed to appoint Mr. Xiaocheng Hao as the Chief Executive Officer of Shanghai Huomao Cultural Development Co., Ltd. after
the acquisition.
Furthermore,
the parties propose that CIMG grant incentive shares to Huomao’s employees based on Huomao’s sales performance following
the completion of the Transfer, with the specific performance criteria and the terms of such incentive share grants to be determined
through future agreements.
Mr.
Hao is 46 years old and holds a bachelor’s degree in business administration from Central South University of Finance and Economics
and a master’s degree of business administration from Southwest Jiaotong University in China. He has held sales and management
positions in multiple listed companies, with over 20 years of experience in sales and management.
Ms.
Jianshang Wang, Chief Executive Officer and Chairman of the Board of Directors of CIMG, remarked: “This cooperation will further
expand our business footprint in the realm of comprehensive health industry, enhance the construction of the industry ecosystem,
and foster the growth of the Company’s performance.”
About
CIMG Inc.
CIMG
Inc. is a digital marketing, sales and distribution company for various consumer products with focuses on food and beverages. Dedicated
to reshaping digital marketing and distribution through technological applications, the Company endeavors to create greater commercial
value for its business partners, thereby enhancing its own enterprise value and increasing shareholders’ value. The Company has
a professional branding and marketing management system that can quickly help partners to enterprises achieve their connection, management,
and operation of marketing channels globally.
The
Company’s products include Maca Peptide coffee, Maca Noni beverages, Maca purified powder, Qian Mao wine, and the brand of
Coco-mango.
Forward-Looking
Statements
This
press release contains information about the Company’s view of its future expectations, plans and prospects that constitute forward-looking
statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a
result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional
funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand,
its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets
into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general
government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess
the technical skills and experience necessary for its operations, and its ability to protect its intellectual property. The Company encourages
you to review other factors that may affect its future results in the Company’s annual reports and in its other filings with the
Securities and Exchange Commission.
For
more information, please contact:
http://www.ccmg.tech
ir@ccmg.tech
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