YY Tech Inc (10% Owner) purchased 3,074,590 shares of CIMG at $0.52 on 2025-03-18, raising stake to 7,125,872 shares (+75.9%).
YY Tech Inc, a 10% owner, substantially increased its position in CIMG Inc through a 3,074,590-share purchase at $0.52, boosting total holdings by 75.9% to 7,125,872 shares. This transaction occurred as the stock trades at $10.10, representing a significant premium to the $0.52 purchase price, and comes amid broader weakness with the stock down 68.4% from its 52-week high of $32.00 and down 31.8% over the past 90 days. CIMG remains unprofitable with a full-year net income of $-1,440,197.00 and quarterly revenue of only $366,888.00, though annual revenue growth shows +7.7% year-over-year. The timing and scale of this accumulation—increasing an already substantial 10% stake by three-quarters in a single transaction at a historically depressed price relative to recent trading levels—warrants investor scrutiny into YY Tech's strategic intentions and access to non-public information about the company's trajectory.