CIMG Inc. to Acquire Daren Business Technology for $40 Million in Shares

Reuters

02/10

<a href="https://laohu8.com/S/IMG">CIMG Inc</a>. to Acquire Daren Business Technology for $40 Million in Shares

CIMG Inc., through its wholly owned subsidiary DZR Tech Limited, has entered into an agreement to acquire 100% equity interest in Daren Business Technology Limited, a high-tech enterprise focused on biomedicine. The transaction, valued at approximately $40 million, will be paid in shares held in escrow and released over a 3.5-year period based on Daren meeting specified revenue targets from April 2026 to September 2029. The agreement outlines phase-specific revenue goals, with shares released in increments of 6%, 14%, 28%, and 52% as each target is met. If Daren falls short of these targets, a corresponding portion of the shares will be canceled, while exceeding targets allows for offsets against previous shortfalls.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CIMG Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN84630) on February 10, 2026, and is solely responsible for the information contained therein.

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