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SUBSEQUENT EVENTS (Tables)
9 Months Ended
Jun. 30, 2025
Subsequent Events [Abstract]  
SCHEDULE OF PRIVATE PLACEMENT

Date   Transaction Description   Amount/Shares   Status
August 21, 2025  

Purchase Agreement

 

(Form 8-K filed on August 26, 2025)

  $4,000,000 for 16,666,666 shares of common stocks, at a conversion price of $0.24 per shares   On August 21, 2025, CIMG Inc., a Nevada corporation (the Company), entered into a convertible note purchase agreement (the Purchase Agreement) with certain non U.S. investors (the Investors), providing for the private placement of convertible promissory notes in the aggregate principal amount of $4,000,000 (the Notes). The Notes bear interest at an annual rate of 7% and have a maturity date of August 31, 2026. The Notes are convertible into shares of common stock of the Company, at a conversion price of $0.24 per shares, subject to adjustment in accordance with the Notes.
August 25, 2025  

Purchase Agreement

 

(Form 8-K filed on August 27, 2025)

 

An aggregate consideration of $55,000,000 worth of bitcoin for 220,000,000 shares, at a purchase price of $0.25 per share.

 

On August 25, 2025, CIMG Inc., a Nevada corporation (the Company), entered into a securities purchase agreement (the Purchase Agreement) with certain non U.S. investors (the Investors), providing for the private placement of 220,000,000 shares of Common Stock (the Shares) in reliance on the registration exemptions of Regulation S for an aggregate consideration of $55,000,000 worth of bitcoin, at a purchase price of $0.25 per share.

 

The closing of the sale of the 220,000,000 Shares occurred on September 2, 2025.