CIMG shares rise 13.08% after-hours after confirming compliance with Nasdaq equity requirements.

CIMG Inc. surged 13.08% in after-hours trading after confirming compliance with Nasdaq's minimum shareholders' equity requirement. The company reported holding approximately $49.52 million in shareholder equity as of the reporting date, meeting the Nasdaq’s Listing Rule 5550(b)(1) standards. This development alleviated concerns over potential delisting and signaled financial stability, bolstering investor confidence. The announcement followed a recent equity issuance, reinforcing the firm’s ability to maintain regulatory thresholds. The positive reaction aligns with the news, as compliance with listing requirements is a critical factor for market trust and operational continuity.