Press Release
CIMG Inc. Received Letters from Nasdaq regarding Deficiencies in the Minimum Bid Price and the Annual Report
Beijing, China, January 22, 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 minimum bid price and the annual report.
Minimum Bid Price Deficiency
On January 14, 2025, the Company received a notification letter (the “Minimum Bid Price Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“NASDAQ”) indicating that the Company is not in compliance with the minimum bid price requirement for continued listing set forth in Nasdaq Listing Rule 5550(a)(2). Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. The Minimum Bid Price 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 Nasdaq Listing Rule 5810(c)(3)(A), the Company has 180 calendar days from the date of the Minimum Bid Price Notice, or until July 14, 2025, to regain compliance. If at any time before July 14, 2025, the closing bid price of the Common Stock closes at or above $1.00 per share for a minimum of 10 consecutive business days, NASDAQ will provide written notification that the Company has achieved compliance with the minimum bid price requirement, and the matter will be resolved.
If the Company does not regain compliance during the compliance period ending July 14, 2025, then NASDAQ may in its discretion determine to grant the Company an additional 180 calendar day period to regain compliance, provided that the Company on July 14, 2025 meets the continued listing requirement for market value of publicly held shares and all other applicable initial listing standards for The Nasdaq Capital Market, with the exception of the minimum bid price requirement, and will need to provide NASDAQ written notice of its intent to cure the deficiency during the second compliance period.
If the Company does not regain compliance within the allotted compliance period or periods, including any extensions that NASDAQ may determine to grant, NASDAQ will provide notice that the Common Stock will be subject to delisting. The Company would then be entitled to appeal that determination to a NASDAQ hearings panel. There can be no assurance that the Company will regain compliance with the minimum bid price requirement during the 180-day compliance period, secure a second period of 180 days to regain compliance or maintain compliance with the other NASDAQ listing requirements.
Annual Report Deficiency
On January 17, 2025, the Company received another notice (the “Annual Report Notice”) from NASDAQ indicating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) because the Company did not timely file its Annual Report on Form 10-K for the period ended September 30, 2024 (the “Form 10-K”) with the Securities and Exchange Commission (the “SEC”). The Annual Report Notice has no immediate effect on the listing of the Company’s stock on Nasdaq, and it states that the Company is required to submit a plan to regain compliance with Nasdaq Listing Rule 5250(c)(1) within 60 calendar days from the date of the Annual Report Notice. If the plan is accepted by Nasdaq, then Nasdaq can grant the Company up to 180 calendar days from the due date of the Form 10-K to regain compliance. In determining whether to accept such plan, Nasdaq will consider such things as the likelihood that the remedial filing, along with any subsequent periodic filing that will be due, can be made within the 180 day period, the Company’s past compliance history, the reasons for the late filing, other corporate events that may occur within our review period, the Company’s overall financial condition and its public disclosures. Any subsequent periodic filing that is due within the 180-day exception period must be filed no later than the end of the period.
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-K 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:
About Author
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.
Press Release
SAPSOL Technologies Inc Accelerates Zero-Blind-Spot Security with TraceSecureaiPhase 1 Live AI Threat Engine Arriving 2026
Santa Clara, CA, United States, 17th Jun 2025 – SAPSOL Technologies Inc. today unveiled the next milestones of TraceSecure.ai, its enterprise platform that fuses user-behavior analytics with real-time threat detection across both SAP and non-SAP landscapes. Following a successful Phase 1 rollout that now logs every staff visit to external websites via an encrypted ELK pipeline, the company detailed a six-phase roadmap culminating in an AI-powered predictive engine slated for Q3 2026.
“TraceSecure.ai does more than flag threats, it visualises every step a person or process takes, badge swipe by badge swipe and click by click,” said Sam Mall, CEO of SAPSOL Technologies. “From a refinery control room to a pharmacist’s workstation, we stitch the entire journey into one continuous narrative. Without juggling ten different dashboards. TraceSecure.ai stitches those moments together, applies behavioural AI, and flags anomalies before they become million-dollar incidents.”
Roadmap at a Glance
- Phase 1 — LIVE (Q2 2025): Non-SAP web tracing
- Phase 2 (Q3 2025): SAP Cloud access-attempt monitoring
- Phase 3 (Q4 2025): Identity-resolution & threat scores graphs
- Phase 4 (Q1 2026): Productivity analytics for SAP GUI, Fiori and Windows apps
- Phase 5 (Q2 2026): Unified dashboards—security + efficiency on a single screen
- Phase 6 (Q3 2026): ML-driven anomaly detection, auto-remediation policies
- Beyond (Q4 2026+): Hooks for CCTV, SCADA and SAP SuccessFactors, plus SOX/NERC/GxP audit generators
What TraceSecure.ai Delivers
- Complete User Timelines – Every human and machine identity is mapped in real time across RFID, CCTV, SCADA, SAP, Salesforce, Microsoft 365 and dozens of other sources.
- Behavioural-AI Detection – Machine-learning baselines tuned for each role and industry cut false positives by nearly half in pilot deployments.
- Audit-Ready Evidence – One-click exports satisfy NERC/CIP, FDA 21 CFR Part 11, Sarbanes-Oxley, GDPR and country-specific critical-infrastructure regulations.
- Productivity Heat-Maps – Operations and HR leaders uncover idle-time pockets, workflow bottlenecks and training gaps previously hidden in siloed logs.
- Rapid Time-to-Value – Pre-built connectors and white-glove onboarding compress typical implementation from months to weeks.
Built for Heavy-Regulated Industries
Oil & gas refiners needing NERC-CIP sub-minute alerts, pharma labs governed by FDA 21 CFR 11, retail chains chasing PCI compliance and public-sector agencies under SOX scrutiny all gain pre-configured controls. Mapping to GDPR Art 5, HIPAA §164.312 and NERC-CIP-007 is native out-of-the-box. Check full list at https://www.sapsol.com/industry-verticals/
- Oil & Gas – Field engineers often move from isolated wellheads to central SCADA consoles and back; TraceSecure.ai couples badge data with SAP PM records to spot suspicious sequencing and block credential misuse.
- Utilities – Sub-minute NERC/CIP detection windows are met by overlaying control-room access with breaker commands and network telemetry in a single alert stream.
- Retail – Refund fraud and self-checkout abuse are uncovered when POS overrides, CCTV markers and browsing histories converge in one behaviour profile.
- Pharma / Life Sciences – GMP compliance is simplified as lab door swipes, LIMS edits and ERP batch records align in an immutable chain of custody.
- Public Sector – Zero-trust initiatives gain teeth when hybrid civil-service activity is traced seamlessly across VPN, Microsoft 365 and in-person kiosks.
Under the Hood
- Agents & Sensors: browser_agent.js and pcap_service.py capture URLs, durations and packets at the endpoint layer, while sap_monitor.vbs extracts SAP T-Code usage.
- Streaming Fabric: All events flow through Kafka topics (e.g., sapcloud.access) before landing in Elasticsearch/MongoDB for high-speed search and Graph-based correlation.
- Security Posture: TLS in transit, AES-256 at rest, plus strict RBAC on every index and dashboard.
“Teaming up with SAPSOL to launch TraceSecure.ai marks a pivotal growth milestone for MergedAnalytics. This collaboration seamlessly connects B2B digital engagement intelligence with enterprise operations, delivering real-time insights into both internal and external behavior. By analyzing behavioral patterns, we empower businesses to recognize purchase and support signals—turning engagement into actionable outcomes.” — Joe Singer, Co-founder, MergedAnalytics
Why TraceSecure.ai Stands Apart
- Dual Lens: Combines MES-style time-in-app metrics with SOC-grade threat analytics.
- SAP-Aware: Reads SAP GUI, Fiori, and upcoming BTP traffic—richer context than generic SIEMs.
- Proven Foundation: Phase 1 is already live enterprise-wide, offering a frictionless proof of value.
- Predictive Future: Road-mapped ML models promise autonomous policy enforcement by 2026.
Availability & Next Steps
Phase 2 pilots begin in August 2025. Interested organizations in oil & gas, utilities, retail, pharma or the public sector can request a 14-day, no-cost proof of concept that streams select TraceSecure.ai capabilities into a sandbox landscape. Registration is open at sapsol.com/free-sap-poc
About SAPSOL Technologies Inc.
SAPSOL Technologies Inc. is a North American provider of SAP-centric digital-transformation services, renowned for zero-downtime migrations, cloud security accelerators, and AI-driven automation frameworks. With delivery centres in Canada and consulting teams across the United States, SAPSOL partners with enterprises to modernise mission-critical processes at speed and scale.
About Merged Analytics Inc.
Merged Analytics Inc. converts raw interaction data—clicks, swipes, machine telemetry—into actionable behavioural intelligence. Its patented algorithms power predictive-security and productivity solutions for Fortune 1000 companies and public-sector agencies worldwide.
Media Contacts
Aaron Samuel Philip
Digital marketing, SAPSOL Technologies Inc.
+1 289-4060845 | aaron@sapsol.com
Thom Stallings
Co-Founder, MergedAnalytics LLC
+1 814-826-2046 | tstallings@mergedanalytics.com
Media Contact
Organization: SAPSOL Technologies Inc.
Contact Person: Aaron Samuel Philip
Website: https://tracesecure.ai
Email: Send Email
City: Santa Clara
State: CA
Country:United States
Release id:29248
The post SAPSOL Technologies Inc Accelerates Zero-Blind-Spot Security with TraceSecureaiPhase 1 Live AI Threat Engine Arriving 2026 appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
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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.
Australia, 17th Jun 2025, – Adept Photo Booths, a leading provider of event-based photo booth experiences in Australia, has expanded its photo booth hire services into Brisbane, strengthening the company’s national capabilities and enhancing service access across Queensland. The move brings a broad range of print and digital booth experiences to the region, tailored to suit corporate events, weddings, private functions, festivals, and public activations.
The expanded services now available in Brisbane include digital options such as the 360 Photo Booth, GLAM Bot, AI Photo Booth, Roaming Booth, GIF Booths, and Video Booths, alongside traditional print formats including Open Booths, Mirror Booths, Vintage Booths, and Mosaic Photo Walls. Interactive installations such as Face Morphing and Green Screen activations have also been integrated into the regional offering.
Colin Richardson, General Manager of Adept Photo Booths, noted that the Brisbane expansion responds to rising demand for interactive and branded experiences across the events sector, “Brisbane has seen continued growth in both the scale and sophistication of events, particularly in the corporate and community spheres,” said Richardson. “This expansion enables greater local access to a full suite of photo booth solutions, supported by dedicated logistics and technical teams within the region.”
With operations already established in major Australian cities including Perth, Melbourne, Sydney, Adelaide, and Hobart, the Brisbane expansion reflects a wider strategy to decentralise service infrastructure and enhance responsiveness to regional clients. The rollout includes local equipment storage, trained technician teams, and strengthened relationships with event venues across south-east Queensland.
Adept Photo Booths’ offering spans both short-term event hire and long-term venue installations. Services are designed to support engagement, digital content creation, and audience interaction at a variety of event types—from large public gatherings and trade shows to intimate celebrations and in-store activations.
Digital booth formats incorporating artificial intelligence, real-time social media sharing, and branded content production are increasingly being used to support marketing and brand engagement strategies. These tools are now more readily accessible to clients in Brisbane due to the improved local presence.
Increased availability of services in the region is expected to reduce transport-related lead times and enable closer coordination between project teams, venues, and event organisers. All activations are delivered by trained professionals and backed by national quality standards.
The company’s focus on user experience, image quality, and customisable content has supported successful collaborations with organisations in sectors including retail, technology, sport, tourism, and education. Each activation is tailored to meet the creative and operational needs of its setting.
In discussing the broader direction of the business, Richardson commented on the importance of continuing to evolve with industry needs and technological developments.
“Ongoing investment in service delivery and regional infrastructure will enable more flexible, sustainable, and immersive event experiences,” Richardson said. “The future of event content creation lies in adaptive formats that deliver high-quality outcomes without increasing complexity for organisers.”
Adept Photo Booths is currently accepting bookings for Brisbane and regional Queensland, with support available through its national service line. Enquiries are welcome for both one-off events and long-term activations.
For media enquiries or further information about Photo Booth Hire Brisbane, please contact Adept Photo Booths on 1300 233 781 or via email at hello@adeptphotobooths.com.au.
Media Contact
Organization: Adept Photo Booths
Contact
Person: Colin Richardson
Website:
https://www.adeptphotobooths.com.au/
Email:
hello@adeptphotobooths.com.au
Contact Number: 61300233781
Address 2: Brisbane QLD
Country:Australia
The post Adept Photo Booths Grows Photo Booth Hire Offerings in Brisbane appeared first on
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United States, 17th Jun 2025, – Promax, a manufacturer of precision-engineered pogo pins, spring-loaded connectors, and magnetic connectors, has reaffirmed its position as a trusted supplier to critical sectors including consumer electronics, aerospace, and medical technology. With over 15 years of industry experience, the company continues to deliver connector systems built to meet rigorous technical and regulatory standards.
Headquartered in Gary, Indiana, Promax operates with a focus on technical precision and scalable production capabilities. Its engineering and manufacturing practices have evolved to support increasing global demand for compact and reliable connection solutions. All manufacturing processes are backed by international certifications that reflect conformance to quality and safety protocols recognized across multiple industries.
Promax’s product lines serve a wide range of applications requiring secure and efficient electrical connectivity. From small-scale electronic devices to mission-critical medical and aerospace equipment, the company’s components are selected for their durability, performance stability, and adaptability to specialized use cases.
“The core of the operation remains centered on precision and consistency,” said Gavin, Manager at Promax. “In every sector served, from medical diagnostics to high-altitude aerospace systems, reliability is not optional. The ability to provide connectors that meet strict tolerance and performance demands continues to be the defining element of this company’s role in the supply chain.”
To meet evolving technical requirements, Promax has invested in the development of advanced contact solutions, including refined magnetic connectors and compact spring-loaded contacts. These technologies support modern design trends that emphasize space efficiency, reduced resistance, and integration into smaller, more complex assemblies. Every component undergoes extensive quality testing to ensure it meets defined specifications before entering distribution.
The company’s internal systems include automated inspections and batch validation protocols, which have enabled large-scale fulfillment without compromising consistency. This infrastructure supports long-term supply agreements with manufacturers across North America, Europe, and Asia. Clients span a range of industries that rely on dependable connector functionality under varying mechanical and environmental conditions.
Promax maintains direct coordination with design engineers and technical teams to align component capabilities with device-level specifications. Early engagement in product development stages allows for more accurate adaptation of connector types and ensures manufacturability at scale. By incorporating design-for-manufacture methodologies, lead times and iteration cycles are minimized, resulting in reduced project delays.
The company’s ongoing strategy includes readiness for new application areas such as robotics, electric vehicle subsystems, and next-generation communication hardware. These markets require highly specialized connector systems capable of supporting increased data rates, vibration resistance, and environmental sealing, all within compact footprints.
“Technical demands are shifting rapidly across sectors influenced by automation and miniaturization,” added Gavin. “The long-term operational focus is on supporting this transition with connector solutions engineered to meet emerging requirements for electrical performance, mechanical resilience, and integration flexibility.”
Promax continues to assess future market trends while advancing internal processes to support high-mix, high-reliability manufacturing. The company’s direction remains grounded in compliance, performance validation, and long-term relationships with global equipment manufacturers.
For further information, contact Promax, a connector manufacturing company, at (765) 705-7361, via email at tonyhoo@promaxpogopin.com, or by mail at 480 Jackson St, Gary, IN 46402, USA.
Media Contact
Organization: Promax
Contact
Person: Gavin
Website:
http://promaxpogopin.com/
Email:
tonyhoo@promaxpogopin.com
Contact Number: 17657057361
Address:480 Jackson St
Address 2: Gary, IN 46402
Country:United States
The post Promax Delivers Reliable Solutions as a Trusted Connector Manufacturing Company appeared first on
Brand News 24.
It is provided by a third-party content
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About Author
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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