---
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"
generated_at: "2026-06-02T19:17:09.529829+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# IMAC Holdings terminates Theralink merger, acquires assets via settlement

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-018033
- JSON: https://secwatch.observer/filing/0001493152-24-018033.json
- Plain text: https://secwatch.observer/filing/0001493152-24-018033.txt

## Key facts
- Material Agreements
  IMAC Holdings, Inc. terminated Agreement and Plan of Merger with Theralink Technologies, Inc. (effective 2024-05-06).
  - Action: termination
  - Agreement: merger
  - Counterparty: Theralink Technologies, Inc.
  - Effective: 2024-05-06
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1729944/000149315224018033/0001493152-24-018033-index.htm

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