CIMG Inc. 8-K

What Happened
CIMG Inc. (IMG) announced on its Form 8-K that on March 4, 2026 the Nasdaq Hearings Panel determined to delist the company's common stock for failures to comply with Nasdaq Listing Rules (5550(a)(2), 5250(c)(1), 5550(b)(1), and 5620(a)). Trading in the common stock was suspended at the open of trading on March 6, 2026. The company says it currently expects to appeal the Panel’s decision.

Key Details

• Panel decision received: March 4, 2026.
• Trading suspension effective: March 6, 2026.
• Company has 15 calendar days from the Panel decision to request review by the Nasdaq Listing and Hearing Review Council and intends to appeal (no assurance of success).
• FINRA assigned the symbol “CIMG,” and as of March 6, 2026 the stock may be quoted and traded in the over‑the‑counter (OTC) market under that symbol; if appeal fails or is not timely requested, Nasdaq is expected to file Form 25 to remove the listing/registration.

Why It Matters
A delisting determination and trading suspension materially affect liquidity and where investors can buy or sell shares—moving from Nasdaq to OTC generally results in lower visibility and potentially wider bid‑ask spreads. The company’s appeal could keep the listing in place temporarily, but there is no guarantee of success; if the appeal fails or is not requested, Nasdaq will proceed with delisting via Form 25.