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CIMG Inc. (NASDAQ:IMG) announced it received a delinquency notification letter from the Nasdaq Stock Market Listing Qualifications Staff on Wednesday. The notice was issued because the company did not hold its annual meeting of shareholders within twelve months of the end of its fiscal year, as required by Nasdaq Listing Rule 5620(a) and 5810(c)(2)(G).
According to a statement in the SEC filing, CIMG Inc. is scheduled to hold its Annual Meeting of Stockholders on October 28, 2025, as previously disclosed in its proxy statement filed on Monday.
The company is required to submit additional information about the deficiency to the Nasdaq Hearings Panel in writing by October 15, 2025. The notice does not have an immediate effect on the listing or trading of the company’s common stock on the Nasdaq Capital Market.
This information is based on a statement in a press release filed with the Securities and Exchange Commission.
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