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Notification of Non-Compliance from Nasdaq

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CIMG Inc. (NASDAQ:IMG) has received a delinquency notification from Nasdaq on August 20, 2025, due to failing to file its Q2 2025 Form 10-Q on time. The notification cites non-compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of periodic financial reports.

The company must submit additional information about this deficiency to the Nasdaq Hearings Panel by August 27, 2025, including the number of outstanding shares for each quarter. While CIMG plans to file the delayed Q2 2025 report soon, the notification currently has no immediate impact on its Nasdaq Capital Market listing status.

CIMG Inc. (NASDAQ:IMG) ha ricevuto il 20 agosto 2025 una notifica di inadempienza da Nasdaq per non aver presentato in tempo il suo Modulo 10-Q relativo al secondo trimestre 2025. La comunicazione indica la violazione della Nasdaq Listing Rule 5250(c)(1), che impone la presentazione tempestiva dei rapporti finanziari periodici.

La societ脿 deve fornire ulteriori informazioni su questa carenza al Nasdaq Hearings Panel entro il 27 agosto 2025, inclusi i numeri delle azioni in circolazione per ciascun trimestre. Pur prevedendo di depositare a breve il rapporto 10-Q ritardato, la notifica al momento non incide immediatamente sullo status di quotazione di CIMG nel Nasdaq Capital Market.

CIMG Inc. (NASDAQ:IMG) recibi贸 una notificaci贸n de incumplimiento de Nasdaq el 20 de agosto de 2025 por no presentar a tiempo su Formulario 10-Q del segundo trimestre de 2025. La notificaci贸n se帽ala el incumplimiento de la Nasdaq Listing Rule 5250(c)(1), que exige la presentaci贸n puntual de los informes financieros peri贸dicos.

La compa帽铆a debe entregar informaci贸n adicional sobre esta deficiencia al Nasdaq Hearings Panel antes del 27 de agosto de 2025, incluyendo el n煤mero de acciones en circulaci贸n por cada trimestre. Aunque CIMG tiene previsto presentar pronto el 10-Q atrasado, la notificaci贸n actualmente no afecta de forma inmediata su estado de cotizaci贸n en el Nasdaq Capital Market.

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CIMG Inc. (NASDAQ:IMG) a re莽u une notification de d茅faut de la part du Nasdaq le 20 ao没t 2025 pour ne pas avoir d茅pos茅 脿 temps son formulaire 10鈥慟 du deuxi猫me trimestre 2025. La notification indique un non鈥憆espect de la Nasdaq Listing Rule 5250(c)(1), qui exige le d茅p么t ponctuel des rapports financiers p茅riodiques.

La soci茅t茅 doit fournir des informations suppl茅mentaires sur cette d茅ficience au Nasdaq Hearings Panel avant le 27 ao没t 2025, y compris le nombre d'actions en circulation pour chaque trimestre. Bien que CIMG pr茅voie de d茅poser prochainement le 10鈥慟 retard茅, la notification n'affecte pas pour l'instant le statut de cotation de CIMG sur le Nasdaq Capital Market.

CIMG Inc. (NASDAQ:IMG) erhielt am 20. August 2025 eine Mahnung von der Nasdaq, weil der 10鈥慟-Bericht f眉r das zweite Quartal 2025 nicht fristgerecht eingereicht wurde. Die Mitteilung verweist auf die Nichtbeachtung der Nasdaq Listing Rule 5250(c)(1), die die fristgerechte Einreichung periodischer Finanzberichte vorschreibt.

Das Unternehmen muss dem Nasdaq Hearings Panel bis zum 27. August 2025 zus盲tzliche Informationen zu diesem Mangel vorlegen, einschlie脽lich der Anzahl der ausstehenden Aktien f眉r jedes Quartal. Obwohl CIMG plant, den versp盲teten 10鈥慟-Bericht bald einzureichen, hat die Mitteilung derzeit keine unmittelbaren Auswirkungen auf den Listingsstatus im Nasdaq Capital Market.

Positive
  • No immediate effect on Nasdaq listing status
Negative
  • Failure to file Q2 2025 Form 10-Q on time
  • Non-compliance with Nasdaq listing requirements
  • Required to submit additional documentation to Nasdaq Hearings Panel

BEIJING, Aug. 26, 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 on August 20, 2025, CIMG Inc. (the "Company") received a delinquency notification letter from the Listing Qualifications Staff of the Nasdaq Stock Market LLC (the "Nasdaq") due to the Company's non-compliance with Nasdaq Listing Rule 5250(c)(1) (the "Listing Rule") as a result of the Company's failure to timely file its Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2025.

The Listing Rule requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission. The Company per the delinquency notification letter must submit the number of shares issued and outstanding at the end of each quarter to the Nasdaq Listing Center. Additionally the Company must submit additional information regarding this deficiency to the Nasdaq Hearings Panel, in writing no later than August 27, 2025. The deficiency notice has no immediate effect on the listing or trading of the Company's common stock on The Nasdaq Capital Market.

The Company intends to file its Form 10-Q for the quarterly period ended June 30, 2025 as soon as possible.

About CIMG Inc.

CIMG Inc. is a global business group specializing in digital health and sales development. Utilizing technology and marketing (including MarTech and Multi-Channel Network), the Company enhances its partners' sales growth and commercial value. The company's brands include Kangduoyuan, Maca-Noni, Qianmao, Huomao, and 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 satisfy the continuing stock market listing standards and periodic reporting requirements, 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:

[email protected]

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SOURCE CIMG Inc.

FAQ

What caused CIMG (NASDAQ:IMG) to receive a Nasdaq non-compliance notice?

CIMG received the notice due to failing to file its Q2 2025 Form 10-Q (quarterly report) on time, violating Nasdaq Listing Rule 5250(c)(1).

Will CIMG (NASDAQ:IMG) be delisted from Nasdaq due to this notification?

The delinquency notification has no immediate effect on CIMG's listing or trading status on the Nasdaq Capital Market.

When does CIMG (NASDAQ:IMG) need to respond to the Nasdaq Hearings Panel?

CIMG must submit additional information regarding the deficiency to the Nasdaq Hearings Panel by August 27, 2025.

What does CIMG (NASDAQ:IMG) need to submit to Nasdaq?

CIMG must submit the number of shares issued and outstanding at the end of each quarter to the Nasdaq Listing Center, along with additional information about the filing deficiency.

When will CIMG (NASDAQ:IMG) file its delayed Q2 2025 Form 10-Q?

The company stated it intends to file its Form 10-Q for the quarter ended June 30, 2025, 'as soon as possible,' but no specific date was provided.
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