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News  ›  Benzinga

CIMG Announces 20-for-1 Reverse Stock Split as Part of Strategic Nasdaq Compliance Initiative

Benzinga Logo Benzinga By Prnewswire
CIMG Announces 20-for-1 Reverse Stock Split as Part of Strategic Nasdaq Compliance Initiative

CIMG Inc. has approved a 20-for-1 reverse stock split to maintain Nasdaq listing compliance, reducing outstanding shares from 309,667,840 to approximately 15,483,392 effective December 5, 2025.

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IMG   neutral

The reverse stock split is a strategic move to maintain Nasdaq listing requirements, which suggests proactive financial management but could signal underlying challenges with stock performance