---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-043255"
form_type: "8-K"
ticker: "BACK"
cik: "0001729944"
company_name: "IMAC Holdings, Inc."
filed_at: "2023-11-30T23:59:59+00:00"
generated_at: "2026-06-07T19:55:05.651754+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# IMAC Holdings President resigns; Paducah assets sold to related party for ~$80K

## Summary
- Matthew C. Wallis resigned as President effective Nov 24, 2023; remains on Board.
- CEO Jeffrey Ervin assumes Wallis' management responsibilities.
- Subsidiaries sold Paducah, KY assets to The Regenerative Center, LLC for approx $79,700.
- Buyer is owned by Wallis; assumed real estate lease liability and indemnified the company.
- Sale is a related-party transaction; small value relative to company.

## SEC filing metadata
- accession: 0001493152-23-043255
- form_type: 8-K
- ticker: BACK
- cik: 0001729944
- company_name: IMAC Holdings, Inc.
- filed_at: 2023-11-30T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1729944/000149315223043255/0001493152-23-043255-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1729944/000149315223043255/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-043255
- JSON: https://secwatch.observer/filing/0001493152-23-043255.json
- Plain text: https://secwatch.observer/filing/0001493152-23-043255.txt

## Key facts
- Executive change
  Matthew C. Wallis resigned as President at IMAC Holdings, Inc..
  - Action: resigned
  - Role: President
  source text: On November 24, 2023, Matthew C. Wallis, DC notified the Company of his resignation as the Company’s President, effective as of that date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1729944/000149315223043255/0001493152-23-043255-index.htm

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