|8-KJan 28, 4:10 PM ET

CIMG Inc. 8-K

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CIMG Inc. Receives Nasdaq Notice of Potential Delisting

What Happened

  • CIMG Inc. (IMG) announced in an 8-K that on January 22, 2026 Nasdaq notified the company that the Nasdaq Hearings Panel will consider an additional basis for potential delisting because the company is not in compliance with Nasdaq Listing Rule 5250(c)(1) for failing to timely file its Annual Report on Form 10‑K for the fiscal year ended September 30, 2025.
  • The Panel had earlier imposed a Mandatory Panel Monitor in a December 4, 2025 decision under Nasdaq Listing Rule 5815(d)(4)(B); that monitoring period remains in effect until November 14, 2026. The January notice does not immediately affect the listing or trading of CIMG’s common stock. The company issued a press release on January 28, 2026 announcing receipt of the Nasdaq letter.

Key Details

  • Nasdaq letter date: January 22, 2026.
  • Subject rule: Nasdaq Listing Rule 5250(c)(1) — timely filing of periodic reports (Form 10‑K).
  • Prior action: Mandatory Panel Monitor imposed December 4, 2025 under Rule 5815(d)(4)(B).
  • Monitoring period end date: November 14, 2026. Nasdaq will issue a delisting determination if CIMG fails to regain compliance during the monitoring period.

Why It Matters

  • This is a material corporate governance/market-listing issue — failure to file required reports has triggered formal Nasdaq review and places the company at risk of delisting if compliance is not restored.
  • Delisting would affect liquidity and where the shares trade; while trading is not suspended now, investors should monitor CIMG’s filings (notably the overdue Form 10‑K) and any further Nasdaq notices for developments.