10% Owner VMADE buys 2,937,787 shares of CIMG at $0.52 on 2025-03-18, stake rises to 7.40M shares as stock trades -68.4% from 52-week high.
VMADE CO., LTD, a 10% owner, deployed $1,527,649.24 to acquire 2,937,787 shares at $0.52, increasing its position by 65.8% from 4,462,495 to 7.40M shares. The purchase occurred when CIMG was trading at $0.52, currently 68.4% below its 52-week high of $32.00 and down 12.1% over the prior 30 days. The underlying business shows revenue of $366,888.00 in the latest quarter with a net loss of $1,440,197.00, and the company was unprofitable over the most recent full fiscal year despite posting 7.7% annual revenue growth. This substantial equity commitment by a major shareholder adds incremental capital at depressed price levels while the company operates at a loss, presenting both a data point on insider confidence in the recovery trajectory and a counterbalance concern about the unprofitable operational status and steep recent price deterioration.