CIMG Inc. Enters Strategic AI Partnership Amid Nasdaq Delinquency Concerns

CIMG Inc., a consumer staples company known for its specialty coffee and expanding into broader food and beverage products, has recently signed a non-binding Memorandum of Understanding (MoU) with FLock Technology Holdings. This partnership aims to develop AI-driven wellness products, leveraging FLock’s privacy-preserving AI solutions. The collaboration focuses on creating LifeNode, an AI-assisted wellness monitoring and recommendation product, potentially expanding CIMG’s product offerings in the health and wellness sector.

The MoU was announced on August 26, 2025, with CIMG expressing its intention to utilize FLock’s expertise in privacy-preserving AI to enhance its product development capabilities. This strategic move aligns with CIMG’s efforts to diversify its portfolio beyond its traditional coffee products, tapping into the growing market for health and wellness technologies.

However, the announcement comes at a challenging time for CIMG, as the company has also received a delinquency notice from Nasdaq. On August 20, 2025, CIMG was notified for failing to file its Q2 2025 Form 10-Q on time, violating Nasdaq Listing Rule 5250(c)(1). The company is required to submit additional information regarding this deficiency to the Nasdaq Hearings Panel by August 27, 2025. Despite this setback, CIMG plans to file the delayed report promptly, and the delinquency notice currently does not impact its listing status on the Nasdaq Capital Market.

As of August 24, 2025, CIMG’s stock closed at $0.25, reflecting a significant decline from its 52-week high of $3.50 on October 16, 2024. The company’s market capitalization stands at $8.64 million, with a negative price-to-earnings ratio of -0.045, indicating challenges in profitability. The recent developments highlight CIMG’s strategic efforts to innovate and expand its product offerings while navigating regulatory compliance issues.

In summary, CIMG Inc. is actively pursuing growth opportunities through its partnership with FLock Technology Holdings, focusing on AI-driven wellness solutions. Concurrently, the company is addressing regulatory compliance challenges to maintain its Nasdaq listing and restore investor confidence.