---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-008752"
form_type: "8-K"
ticker: "BACK"
cik: "0001729944"
company_name: "IMAC Holdings, Inc."
filed_at: "2025-02-28T23:59:59+00:00"
generated_at: "2026-05-25T23:42:55.061457+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# IMAC Holdings issues $70K note at 40% discount; amends prior notes

## Summary
- Issued $70,000 principal promissory note to Keystone Capital Partners for $50,000 purchase price.
- Notes are unsecured, mature Nov 14, 2025 or upon a $1M+ equity offering, with customary default provisions.
- First Amendment increases additional note authorization cap to $280,000, ranking pari passu with original $110,000 notes.
- Original $110,000 Notes from Feb 14, 2025 (to Keystone, Ashton Capital, Busch) amended to include new note in equal priority.

## SEC filing metadata
- accession: 0001493152-25-008752
- form_type: 8-K
- ticker: BACK
- cik: 0001729944
- company_name: IMAC Holdings, Inc.
- filed_at: 2025-02-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1729944/000149315225008752/0001493152-25-008752-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1729944/000149315225008752/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-008752
- JSON: https://secwatch.observer/filing/0001493152-25-008752.json
- Plain text: https://secwatch.observer/filing/0001493152-25-008752.txt

## Key facts
- Debt Financings
  IMAC Holdings, Inc. incurred loan of $70,000 with Keystone Capital Partners, LLC maturing the earlier of (i) November 14, 2025, and (ii) the initial time of consummation by the Company after the date hereof of any public or private offering(s), indiv.
  - Instrument: loan
  - Principal: $70,000
  - Counterparty: Keystone Capital Partners, LLC
  - Maturity: the earlier of (i) November 14, 2025, and (ii) the initial time of consummation by the Company after the date hereof of any public or private offering(s), indiv
  - Event: incurrence
  source text: On February 27, 2025, the Company issued promissory notes (the “Notes”) to Keystone Capital Partners, LLC (the “Lender”) in the aggregate principal amount of $70,000, for an aggregate purchase price from the Lender of $50,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1729944/000149315225008752/0001493152-25-008752-index.htm

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