CIMG Inc. Announces Board Changes and Officer Compensation

Ticker: CIMG · Form: 8-K · Filed: Oct 9, 2025 · CIK: 1527613

Sentiment: neutral

Topics: board-changes, executive-compensation, corporate-governance

TL;DR

CIMG Inc. board shakeup: director out, two new ones in, plus exec pay details.

AI Summary

On October 5, 2025, CIMG Inc. announced a change in its board of directors, with the departure of one director and the election of two new directors. The company also disclosed compensatory arrangements for certain officers. This filing follows a period of significant corporate name changes, with the company formerly known as NuZee, Inc. and Havana Furnishings Inc.

Why It Matters

Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.

Risk Assessment

Risk Level: medium — Board changes and executive compensation disclosures can sometimes precede or accompany significant strategic shifts or financial events, warranting closer investor scrutiny.

Key Players & Entities

FAQ

Who departed from the CIMG Inc. board of directors?

The filing indicates the departure of a director, but does not name the individual in the provided text.

How many new directors were elected to the CIMG Inc. board?

Two new directors were elected to the CIMG Inc. board.

What other information is disclosed regarding company personnel?

The filing also discloses compensatory arrangements for certain officers.

When was the earliest event reported in this 8-K filing?

The earliest event reported is dated October 5, 2025.

What were some previous names of CIMG Inc.?

CIMG Inc. was formerly known as NuZee, Inc. and Havana Furnishings Inc.

Filing Stats: 1,012 words · 4 min read · ~3 pages · Grade level 10.2 · Accepted 2025-10-09 16:05:49

Key Financial Figures

Filing Documents

From the Filing

UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 5, 2025 CIMG Inc. (Exact name of registrant as specified in its charter) Nevada 001-39338 38-3849791 (State or other jurisdiction of incorporation or organization (Commission File No.) (IRS Employer Identification No.) Room R2, FTY D, 16/F , Kin Ga Industrial Building , 9 San On Street , Tuen Mun , Hong Kong 00000 (Address of principal executive offices) + 852 70106695 Registrant's telephone number, including area code) N/A (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.00001 par value IMG The Nasdaq Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. The board of directors (the " Board ") of CIMG Inc. (the " Company ") has appointed Mr. Wenlong Tong as President of the Company, effective October 5, 2025 (the " Commencement Date "). Mr. Wenlong Tong, 36, has served as Manager of the South China Major Client Team at Zhongshishun Technology (Beijing) Co., Ltd. since 2020. In this role, Mr. Tong has led financial-industry infrastructure projects serving major banks, including China Merchants Bank and Ping An Bank, and directed regional business development across Guangdong Province. From 2017 to 2020, Mr. Tong served as a Co-Founder of Guangdong Qukongcun Technology Co., Ltd., where he oversaw the development of a membership-based social e-commerce platform focused on private domain traffic conversion and logistics integration for consumer goods across categories such as beauty and skincare, maternal and child supplies, and health foods. From 2015 to 2017, Mr. Tong served as a Co-Founder of Guangzhou Chopsticks Cloud E-Commerce Co., Ltd., an e-commerce cloud platform serving small and medium-sized enterprises in South China. During this period, Mr. Tong established the "Three Soy Eggs" self-media platform to provide consulting and design services for Internet-based business models. He holds an MBA in Business Administration from Shenzhen University Management School and a Bachelor's degree in Computer Network and Application from Siyuan College, Xi'an Jiaotong University. Mr. Tong brings to the Company more than five years of leadership experience in financial technology, e-commerce, smart city initiatives, new energy and strategic execution, with a proven record of driving operational growth and implementing innovative technology solutions. There are no arrangements or understandings between Mr. Tong and any other person pursuant to which he was appointed as the President, and he has no transactions, relationships or arrangements with the Company that would require disclosure under Item 404(a) of Regulation S-K. Further, there are no family relationships among any of the Company's directors, executive officers and Mr. Tong. In connection with his appointment as President, effective as of the Commencement Date, the Company and Mr. Tong entered into an employment agreement (the " Employment Agreement ") that provides for Mr. Tong to be paid an annual salary of $24,000 per year. Mr. Tong is also eligible for a discretionary bonus as determined by the Board. Mr. Tong is eligible for other employee benefits in accordance with the Company's policies and plans. The Employment Agreement is effective from the Commencement Date to May, 31, 2027 and shall only be renewed upon a written agreement by both parties. A copy of the Employment Agreement is attached hereto as Exhibit 10.1 and

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