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CIMG Inc. Received Letters from Nasdaq regarding Deficiencies in the Periodic Report

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Beijing, China, February 24, 2025 — CIMG Inc. (“CIMG” or the “Company”) (NASDAQ: IMG), a company with a heritage in specialty coffee and an emerging business in broader consumer food and beverage products, announced that it received letters from Nasdaq regarding deficiencies in the periodic report.

Periodic Report Deficiency

On February 19, 2025, the Company received a notification letter (the “Periodic Report Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is not in compliance with Listing Rule 5250(c)(1) because the Company did not timely file its quarterly report on Form 10-Q for the period ended December 31, 2024 with the Securities and Exchange Commission (the “SEC”). The Periodic Report Notice has no immediate effect on the listing of the Company’s common stock, par value $0.00001 per share (the “Common Stock”), which continues to trade on The Nasdaq Capital Market under the symbol “IMG.”

In accordance with the earlier deficiency notice letter from Nasdaq dated January 17, 2025 disclosed in the Company’s current report on Form 8-K filed on January 21, 2025, the Company has until March 18, 2025 to submit a plan to regain compliance with respect to the delinquent reports. Any exception granted by Nasdaq to allow the Company to regain compliance, if granted, will be limited to a maximum of 180 calendar days from the due date of the initial delinquent filing, or July 14, 2025.

Due to business and management restructuring, the Company needs additional time to complete its financial statements, notes to the financial statements, as well as to have the report reviewed by its accountants and attorneys. The Company continues to work diligently to enable the filing of the Form 10-Q with the SEC as soon as reasonably practicable.

About CIMG Inc.

CIMG Inc. is a digital marketing, sales and distribution company for various consumer products with focuses on food and beverages. Dedicated to reshaping the digital marketing and distribution with technological applications, the Company endeavors to create greater commercial value for its business partners and therefore enhance its own enterprise value and shareholders’ value of their stake in the Company. The Company has a professional branding and marketing management system, which can quickly help partnering enterprises achieve their connection, management, and operation of marketing channels globally.

Forward-Looking Statements

This press release contains information about the Company’s view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary for its operations, and its ability to protect its intellectual property. The Company encourages you to review other factors that may affect its future results in the Company’s annual reports and in its other filings with the Securities and Exchange Commission.

For more information, please contact:

http://www.ccmg.tech

ir@ccmg.tech

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Press Release

SageMaster Sets a New Standard in Trading Education

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SageMaster delivers AI-driven insights for crypto, forex, and indices markets while ensuring user control. Built for transparency and compliance, it provides clear, reliable data. With a strong focus on education, SageMaster empowers individuals to navigate markets confidently and responsibly.

Anguilla, 17th Feb 2025, Grand Newswire – SageMaster is at the forefront of financial education, offering a transformative learning experience that remains outside the scope of securities regulation. By maintaining a singular focus on education and skill development, it continues to serve as a trusted resource in financial learning – free from the regulatory constraints of investment platforms. 

Why Choose SageMaster? 

Unlike platforms that focus on investment promises, SageMaster prioritizes education and analysis. It provides: 

  • . Advanced analytical tools for in-depth market insights 
  • . Comprehensive educational resources tailored for all skill levels 
  • . Intuitive data visualization to simplify complex market movements 
  • . Community-driven insights to foster collaboration and learning  

 

Empowering Traders at Every Level 

Designed for both novice and experienced traders, SageMaster provides a comprehensive suite of tools to support learning, strategy development, and market analysis.  

Whether aiming to build, test, and refine trading strategies or connect with a like-minded community, SageMaster offers a complete ecosystem for success. 

Personalized Learning: A Unique Pathway 

SageMaster emphasizes customized education. Everyone engages with the platform at their own pace, tailoring their learning journey to their unique goals. This approach differentiates it from financial enterprises structured around pooled investments. 

Beyond the Basics: A Commitment to Excellence 

Transparency at the Core 

SageMaster operates with absolute clarity regarding its role as an educational partner. The platform includes comprehensive disclaimers and user agreements that clearly outline its educational focus and the scope of its services. 

Innovation in Financial Education 

SageMaster is not a trading platform—it is a cutting-edge educational tool designed to equip traders with the knowledge needed to navigate financial markets. By focusing exclusively on education, a clear separation from investment-related activities is maintained. 

Leading with Integrity 

A strong commitment to maintaining the highest standards of regulatory compliance is at the forefront of SageMaster’s operations, ensuring continual advancement in financial education. 

Understanding SageMaster: Education First 

SageMaster is an educational and analytical tool – not a platform for executing trades. This distinction keeps it outside the realm of securities regulation, as illustrated by the Howey Test, which determines whether a transaction qualifies as a security under U.S. law. The test considers whether there is: 

  • . An investment of money 
  • . In a common enterprise 
  • . With an expectation of profit primarily derived from the efforts of others 
  •  

If these criteria are met, securities regulations apply. However, SageMaster operates solely as an educational platform, ensuring that users are building knowledge, not making investments. 

Looking Ahead 

Unlike investment platforms, SageMaster does not promise or promote financial returns. Instead, it focuses on delivering high-quality education that enables traders to develop financial acumen. Success is derived from applying the insights gained through the platform – not from external guarantees.  

The mission of SageMaster remains clear: to provide knowledge and tools that enable informed financial decision-making with confidence. 

About SageMaster 

SageMaster is designed to make trading in crypto, forex, and indices more accessible and informed. Using advanced AI, it simplifies complex market data and provides insights that guide analytical decisions. Whether at the beginning of a trading journey or possessing years of experience, SageMaster offers features that support strategic navigation of financial markets. 

By focusing on education rather than trade execution, SageMaster ensures that individuals remain in control of their learning journey, making more thoughtful and strategic decisions in the ever-evolving financial landscape. 

For more information, please visit: 

Website: sagemaster.io   

Telegram: t.me/sagemasterofficial  

X (Twitter): x.com/SageMaster_io  

Instagram: www.instagram.com/sagemaster_/  

Youtube: youtube.com/@sagemaster2801 

Disclaimer: This is an educational platform and does not support any form of trading. It does not intend to provide any financial, securities, derivatives, investment, legal or tax advisory. Kindly consult with licensed professionals for such advisory as this platform is not authorized to do the same. The platform or information providers on this platform shall not be responsible for any loss; they also do not guarantee any income from it. This platform shall only be used for educational and demo practice purposes. We do not provide any warranty for the content provided on this platform and shall not be liable for any damages, loss or any other legal consequences. 

Media Contact

Organization: Techhost Worldwide Inc

Contact
Person:
Support Team

Website:

HOME

Email:

support@sagemaster.io

Country:Anguilla

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Press Release

Towerstone Accountants Launches Inheritance Tax Advisory Service Amid Upcoming Pension Tax Changes

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Bedford, United Kingdom – Towerstone Accountants has announced the launch of a specialized Inheritance Tax Advisory Service to help individuals navigate the significant upcoming changes to pension taxation. With new rules set to take effect in 2027, unspent pension funds will become subject to Inheritance Tax (IHT) at 40%, potentially impacting thousands of families.

Proactive Planning for Changing Tax Rules

For years, pensions have served as a tax-efficient way to pass down wealth. However, under the revised regulations, any remaining pension funds at the time of death will be included in the deceased’s estate, making them subject to IHT.

“Many individuals have structured their financial plans around the assumption that pensions are outside the IHT net,” said Christina Odgers, Managing Director at Towerstone Accountants. “This change requires a proactive approach, and our new Inheritance Tax Advisory Service is designed to help clients safeguard their wealth.”

Tailored Strategies for Tax Efficiency

Towerstone Accountants’ Inheritance Tax Advisory Service will provide personalized strategies, including:

  • Optimized Pension Withdrawals – Advising clients on the most tax-efficient ways to draw down their pension while reducing their estate’s taxable value.
  • Early Gifting Plans – Helping clients leverage HMRC’s tax-free gifting rules, ensuring funds reach their loved ones instead of being lost to tax.
  • Alternative Investment Planning – Exploring tax-efficient investment options, such as Business Relief-qualifying assets, to protect wealth from IHT.
  • Estate Structuring & Trusts – Assisting clients in setting up trusts and maximizing available allowances for spouses, civil partners, and charities.

Helping Clients Stay Ahead of HMRC

With the 2027 deadline fast approaching, Towerstone Accountants urges individuals to review their estate plans now.

“Waiting until the last minute could mean losing a significant portion of your inheritance to tax,” said Laura Stevenson, Estate Planning Expert. “Our team is ready to help clients develop robust tax strategies tailored to their needs.”

Book a Consultation Today

Towerstone Accountants is now offering free initial consultations for individuals concerned about the upcoming IHT changes. To learn more or schedule an appointment, visit https://www.towerstone.co.uk/ or contact the estate planning team directly.

About Towerstone Accountants

Towerstone Accountants is a leading advisory firm specializing in tax planning, wealth management, and estate strategies. With a team of experts dedicated to minimizing tax liabilities and preserving family wealth, Towerstone provides tailored financial solutions for individuals and businesses alike.

Media Contact:
Name: Christina Odgers
Organization: Towerstone Accountants Ltd
Phone: +44 
Email: Christina@towerstone.co.uk
Website: https://www.towerstone.co.uk/
City: Bedford
Country: United Kingdom

Media Contact

Organization: Towerstone Accountants Ltd

Contact Person: Christina Odgers

Website: https://www.towerstone.co.uk/

Email: Christina@towerstone.co.uk

Contact Number: +441234889034

Country: United Kingdom

Release Id: 24022524177

The post Towerstone Accountants Launches Inheritance Tax Advisory Service Amid Upcoming Pension Tax Changes appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Wojciech Podobas Exits Kaonavi Stake Through Podobas Global Investments Following $335M Tender Offer

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Voytek Podobas, founder of Podobas Global Investments, has exited his 6% stake in Kaonavi, Inc. (4435.T), a Tokyo Stock Exchange-listed SaaS company, after Carlyle Group’s Keystone Investment Holdings L.P.’s tender offer valued at over JPY 50 billion (approximately USD 335 million).

TOKYO, JAPAN, 24th Feb 2025 — Kaonavi, Inc. (TSE: 4435), a leading SaaS provider specializing in talent management systems, announced a tender offer by Keystone Investment Holdings L.P., an affiliate of The Carlyle Group. The transaction, valued at approximately JPY 52.28 billion (USD 335 million), marks a strategic move to privatize the company, enabling long-term growth and innovation.

 

Kaonavi, founded in 2008, provides a cloud-based platform designed to centralize and optimize corporate personnel information, supporting businesses in enhancing employee engagement and productivity. The company went public on the Tokyo Stock Exchange Mothers Market in March 2019 before transitioning to the Growth Market in 2022.

The tender offer, launched on February 14, 2025, and was priced at JPY 4,380 per share, representing a premium of 120.65% over the closing price on February 13, 2025 . The offer also included stock acquisition rights, aligning with the goal of making Kaonavi a wholly owned subsidiary of Keystone Investment Holdings L.P..

Within the transaction, Voytek Podobas (Wojciech Jakub Podobas), founder of Podobas Global Investments, exited his 6% ownership stake, valued at over JPY 3 billion (USD 20 million). His investment exemplified strategic backing of Kaonavi’s growth trajectory and reflects a successful exit from a startup-stage investment as the company embarks on its next phase under private ownership.

With the support of The Carlyle Group’s global resources and expertise, Kaonavi aims to accelerate product development, expand its multi-product offerings, and strengthen its market presence in Japan and beyond. The transaction marks a significant success for the entire Kaonavi team, highlighting their achievements and growth in the HR technology sector.

Media Contact

Organization: Podobas Global Investments

Contact Person: Maya Synowiec

Website: https://www.podobas.global/

Email: office@podobas.global

City: Dubai

Country: United Arab Emirates

Release Id: 24022524266

The post Wojciech Podobas Exits Kaonavi Stake Through Podobas Global Investments Following $335M Tender Offer appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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