---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-023835"
form_type: "8-K"
ticker: "BACK"
cik: "0001729944"
company_name: "IMAC Holdings, Inc."
filed_at: "2023-07-06T23:59:59+00:00"
generated_at: "2026-06-13T11:59:18.489984+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# IMAC Holdings shareholders approve reverse stock split and elect directors at annual meeting

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-23-023835
- form_type: 8-K
- ticker: BACK
- cik: 0001729944
- company_name: IMAC Holdings, Inc.
- filed_at: 2023-07-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1729944/000149315223023835/0001493152-23-023835-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1729944/000149315223023835/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-023835
- JSON: https://secwatch.observer/filing/0001493152-23-023835.json
- Plain text: https://secwatch.observer/filing/0001493152-23-023835.txt

## Key facts
- Shareholder Votes
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1729944/000149315223023835/0001493152-23-023835-index.htm
- Shareholder Votes
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1729944/000149315223023835/0001493152-23-023835-index.htm
- Shareholder Votes
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1729944/000149315223023835/0001493152-23-023835-index.htm
- Shareholder Votes
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1729944/000149315223023835/0001493152-23-023835-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.