{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-018033","form_type":"8-K","ticker":"BACK","cik":"0001729944","company_name":"IMAC Holdings, Inc.","filed_at":"2024-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.779971+00:00","generated_at":"2026-06-02T19:17:09.529829+00:00","sec_items":["1.02","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"IMAC Holdings terminates Theralink merger, acquires assets via settlement","bullets":["On May 6, 2024, IMAC terminated the May 2023 merger agreement with Theralink after acquiring Theralink's assets on May 1 via settlement of defaulted debt.","Asset acquisition: IMAC acquired Theralink's assets (excluding certain excluded assets) and will issue preferred shares after a third-party valuation.","IMAC is withdrawing the S-4 registration statement related to the terminated merger.","CEO Jeff Ervin states the settlement provides a more efficient direction; key employees will be transitioned to stabilize operations."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-018033","json":"https://secwatch.observer/filing/0001493152-24-018033.json","markdown":"https://secwatch.observer/filing/0001493152-24-018033.md","text":"https://secwatch.observer/filing/0001493152-24-018033.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1729944/000149315224018033/0001493152-24-018033-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1729944/000149315224018033/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T19:17:09.529829+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":"0aa37e8ae885f8c8a43c8604b9571c501df0f1a9","claim":"IMAC Holdings, Inc. terminated Agreement and Plan of Merger with Theralink Technologies, Inc. (effective 2024-05-06).","evidence_excerpt":"on May 6, 2024, the Company, IMAC Merger Sub, Inc. (“ Merger Sub ”) and Theralink entered into a Termination Agreement, which immediately terminated the Agreement and Plan of Merger, dated May 26, 2023, by and between the Company, Merger Sub and Theralink","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1729944/000149315224018033/0001493152-24-018033-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"Theralink Technologies, Inc."},{"label":"Effective","value":"2024-05-06"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}