{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-046280","form_type":"8-K","ticker":"BACK","cik":"0001729944","company_name":"IMAC Holdings, Inc.","filed_at":"2023-12-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.213942+00:00","generated_at":"2026-06-07T06:56:35.639627+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"IMAC Holdings raises $250K via convertible preferred; cuts conversion price to $1.84","bullets":["Entered letter agreement with institutional investors for additional $250,000 of convertible preferred stock.","Exchanged Series A-1/A-2 preferred for new Series B-1/B-2 preferred, convertible at $1.84/share (above recent close).","Warrant exercise price reduced to $1.84; proceeds for working capital and general corporate purposes.","Securities sold in private placement under Section 4(a)(2)/Regulation D; Joseph Gunnar acted as placement agent."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-046280","json":"https://secwatch.observer/filing/0001493152-23-046280.json","markdown":"https://secwatch.observer/filing/0001493152-23-046280.md","text":"https://secwatch.observer/filing/0001493152-23-046280.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1729944/000149315223046280/0001493152-23-046280-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1729944/000149315223046280/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T06:56:35.639627+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"24c27650de0a72777795fa34d3ad989b40163a48","claim":"IMAC Holdings, Inc. amended the letter agreement with the Investors valued at $250,000 (effective 2023-12-20).","evidence_excerpt":"On December 20, 2023, the Company entered into a letter agreement with the Investors providing for the sale of an additional aggregate $250,000 of convertible preferred stock (the \"Private Placement\").","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1729944/000149315223046280/0001493152-23-046280-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"the Investors"},{"label":"Value","value":"$250,000"},{"label":"Effective","value":"2023-12-20"}],"fact_type":"material_agreement"},{"claim_id":"977f34b632e57b01fe5ea7446e44efeef8651326","claim":"IMAC Holdings, Inc. entered into the \"Private Placement\" with several institutional and accredited investors valued at $250,000 (effective 2023-12-20).","evidence_excerpt":"On December 20, 2023, the Company entered into a letter agreement with the Investors providing for the sale of an additional aggregate $250,000 of convertible preferred stock (the \"Private Placement\").","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1729944/000149315223046280/0001493152-23-046280-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"several institutional and accredited investors"},{"label":"Value","value":"$250,000"},{"label":"Effective","value":"2023-12-20"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}