CIMG shares surge 20.12% after-hours as company confirms compliance with Nasdaq equity requirements.

CIMG Inc. surged 20.12% 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 listing rule 5550(b)(1). This regulatory affirmation alleviated concerns over potential delisting, reinforcing investor confidence in the firm's financial stability and adherence to exchange standards.