8-K
filed July 6, 2023, 7:59 PM ET
ticker BACK
CIK 0001729944
other material
confidence high
sentiment neutral
materiality 0.50
IMAC Holdings shareholders approve reverse stock split and elect directors at annual meeting
IMAC Holdings, Inc.
- Reverse stock split approved with 17.3M for vs. 1.0M against; ratio set by board between 1:15 and 1:30.
- Five directors elected: Jeffrey S. Ervin, Matthew C. Wallis, Maurice E. Evans, Michael D. Pruitt, Cary W. Sucoff.
- Ratification of Cherry Bekaert LLP as auditor for FY2023 approved with 17.4M for vs. 0.9M against.
- Advisory approval of named executive officer compensation passed with 6.2M for vs. 0.9M against.
- Quorum of 18.5M shares represented at the meeting out of 32.8M outstanding.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
IMAC Holdings, Inc. shareholders approved The amendment to the Company’s certificate of incorporation to effect a reverse stock split at a ratio not less than 1-for-15 and not greater than 1-for-30, with the exact ratio to be set within that range at the discretion of the Company’s Board of Directors without further approval or authorizatio at the 2023-07-05 meeting.
- Proposal
- reverse split
- Outcome
- passed
- Meeting
- 2023-07-05
Exact text from the filing
The amendment to the Company’s certificate of incorporation to effect a reverse stock split at a ratio not less than 1-for-15 and not greater than 1-for-30, with the exact ratio to be set within that range at the discretion of the Company’s Board of Directors without further approval or authorization of stockholders. FOR AGAINST ABSTAIN BROKER NON-VOTE 17,256,233 1,016,442 199,013 2
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
IMAC Holdings, Inc. shareholders approved The approval (on an advisory, non-binding basis) of the compensation of the Company’s named executive officers. at the 2023-07-05 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-07-05
Exact text from the filing
The approval (on an advisory, non-binding basis) of the compensation of the Company’s named executive officers. FOR AGAINST ABSTAIN BROKER NON-VOTE 6,204,204 898,052 133,964 11,235,460
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
IMAC Holdings, Inc. shareholders approved The ratification of the appointment of Cherry Bekaert LLP as the Company’s independent registered certified public accounting firm for the fiscal year ending December 31, 2023. at the 2023-07-05 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-07-05
Exact text from the filing
The ratification of the appointment of Cherry Bekaert LLP as the Company’s independent registered certified public accounting firm for the fiscal year ending December 31, 2023. FOR AGAINST ABSTAIN BROKER NON-VOTE 17,417,309 892,354 162,017 0
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
IMAC Holdings, Inc. shareholders approved Election of five directors nominated by the Board and named in the Proxy Statement at the 2023-07-05 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-07-05
Exact text from the filing
The election of five directors nominated by the Board and named in the Proxy Statement. FOR AGAINST ABSTAIN BROKER NON-VOTE Jeffrey S. Ervin 6,603,325 0 632,895 11,235,460 Matthew C. Wallis 6,652,478 0 583,742 11,235,460 Maurice E. Evans 6,559,972 0 676,248 11,235,460 Michael D. Pruitt 6,529,623 0 706,597 11,235,460 Cary W. Sucoff 6,520,228 0 715,992 11,235,460 The five nominees listed above were elected to the Board.
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.