StockWatch
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Retail-Miscellaneous Retail
Corporate ActionJun 4, 2026, 04:12 PM

CIMG Increases Authorized Common Stock to 5 Billion Shares

AI Summary

CIMG Inc. has increased its authorized shares of common stock from 2 billion to 5 billion shares, maintaining a par value of $0.00001 per share. This amendment to the company's Articles of Incorporation was filed with the Nevada Secretary of State on May 29, 2026. The increase had previously been approved by the board of directors and a majority of shareholders on April 14, 2026, with an Information Statement filed with the SEC on April 30, 2026.

Key Highlights

  • CIMG Inc. increased authorized common stock from 2,000,000,000 to 5,000,000,000 shares.
  • The par value remains $0.00001 per share.
  • The amendment was filed with the Nevada Secretary of State on May 29, 2026.
  • The increase was approved by the board of directors and shareholders on April 14, 2026.
  • An Information Statement on Schedule 14C was filed on April 30, 2026.