SCHEDULE: Yubo Yang Boosts CIMG Inc. Stake to 16.8%

Yubo Yang and Dada Business Trading Co., Limited have increased their beneficial ownership in CIMG Inc. to 16.8% through recent stock and warrant acquisitions.

Summary

• Yubo Yang, through his 100% ownership of Dada Business Trading Co., Limited, beneficially owns 31,739,761 shares of CIMG Inc. common stock.
• This aggregate ownership represents 16.8% of the Issuer's common stock class.
• The ownership includes 877,192 shares acquired on September 24, 2024, for $500,000 in working capital.
• It also includes 2,529,236 shares acquired on March 18, 2025, from the conversion of a $1,300,000 convertible note purchased on December 12, 2024, using working capital.
• Warrants to acquire up to 3,333,333 shares of common stock are also held by Dada Business Trading Co., Limited, acquired on December 12, 2024.
• A significant acquisition of 25,000,000 shares occurred on September 2, 2025, for an aggregate consideration of 110,000 Bitcoin (BTC), paid from working capital.
• The percentage of class is calculated based on 188,180,751 shares outstanding as of September 17, 2025, plus the 28,406,428 shares and 3,333,333 warrant shares directly held by Dada Business Trading Co., Limited.
• The purpose of these acquisitions is to make a financial investment in CIMG Inc.

Sentiment

Score: 7

Explanation: The filing indicates a substantial and growing financial commitment from a significant investor, Yubo Yang, and his entity, Dada Business Trading Co., Limited, in CIMG Inc. This suggests confidence in the Issuer's prospects, although the filing itself is a regulatory disclosure of past transactions rather than a performance report.

Positives

• A significant increase in beneficial ownership by a key investor, Yubo Yang, and his entity Dada Business Trading Co., Limited, demonstrates strong financial commitment.
• The acquisitions were funded entirely through working capital, including a substantial 110,000 BTC payment, indicating robust financial capacity of the reporting persons.
• The stated purpose is a financial investment, suggesting a belief in the Issuer's long-term value.

Risks

• Reporting Persons intend to review their investments on a continuing basis and may take various actions, including purchasing additional shares, selling some or all shares, or engaging in hedging transactions.
• Future actions regarding the investment depend on factors such as the Issuer's financial position, strategic direction, Board actions, stock price levels, other investment opportunities, portfolio concentration, market conditions, and general economic and industry conditions.

Future Outlook

The Reporting Persons intend to continuously review their investment in the Issuer. Depending on various factors, they may purchase additional shares, sell existing shares, engage in hedging transactions, or otherwise change their investment intentions.

Management Comments

• Yubo Yang, as 100% owner of Dada Business Trading Co., Limited, and Dada Business Trading Co., Limited, state that the purpose of the acquisitions was to make a financial investment in the Issuer.

Industry Context

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Corporate Governance

Related Party Transactions

• Yubo Yang is the 100% owner and sole director of Dada Business Trading Co., Limited, making all transactions between Dada Business Trading Co., Limited and CIMG Inc. related-party dealings from Yubo Yang's perspective.

Stakeholder Impact

• Shareholders: The increased stake by a significant investor could be perceived positively, potentially boosting investor confidence. The Registration Rights Agreement provides a path for future liquidity for the Reporting Persons' shares.
• Company Management: A large, active shareholder like Yubo Yang may exert influence on strategic decisions, though no specific intent to do so is stated in this filing.

Next Steps

• The Issuer shall prepare and file an initial Registration Statement on Form S-1 covering the resale of all registrable securities (conversion shares and warrant shares) as soon as practicable, but no later than 30 days after the filing of its Form 10-K for the fiscal year ended September 30, 2024, or five business days after stockholder approval of the Purchase Agreement transactions, whichever is later.
• The Reporting Persons will continue to review their investment and may adjust their holdings or investment strategy based on various market and company-specific factors.

Key Dates

Recommendation

The filing details a substantial increase in beneficial ownership by Yubo Yang and Dada Business Trading Co., Limited, indicating a significant financial investment in CIMG Inc. While this demonstrates investor confidence, the filing is primarily a disclosure of past transactions and does not provide sufficient operational or forward-looking financial data to warrant a 'buy' or 'sell' recommendation. Investors should 'hold' and await further operational updates or financial reports from CIMG Inc. to make a more informed decision.

Keywords

CIMG Inc., Yubo Yang, Dada Business Trading Co., Schedule 13D, Beneficial Ownership, Stock Acquisition, Warrants, Convertible Note, Financial Investment, Equity Stake