{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-009573","form_type":"8-K","ticker":"BACK","cik":"0001729944","company_name":"IMAC Holdings, Inc.","filed_at":"2025-03-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.645885+00:00","generated_at":"2026-05-25T03:51:19.085231+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"IMAC issues $150.5K notes at discount; calls March 26 special meeting for reverse split, share authorization","bullets":["Issued $150,500 principal promissory notes for $107,500; unsecured, mature upon $1M offering or Nov 18, 2025.","Special meeting March 26: vote on issuing shares >19.99% (Series G, ELOC), increasing authorized shares, reverse split 1:2–1:20.","Engaged Advantage Proxy for proxy solicitation; fee not expected to exceed $15,000.","Notes have original issue discount of $43,000; prepayable without penalty."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-009573","json":"https://secwatch.observer/filing/0001493152-25-009573.json","markdown":"https://secwatch.observer/filing/0001493152-25-009573.md","text":"https://secwatch.observer/filing/0001493152-25-009573.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1729944/000149315225009573/0001493152-25-009573-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1729944/000149315225009573/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T03:51:19.085231+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":"b89f7bec9c3604740e48aaaede0a50c851dbd004","claim":"IMAC Holdings, Inc. incurred loan of $150,500 maturing the earlier of (i) the date of consummation of any offering or offerings, individually or in the aggregate, of securities with gross proceeds of at least $1,000.","evidence_excerpt":"On March 6, 2025, IMAC Holdings, Inc. (the “Company”) issued promissory notes (the “Notes”) to certain lenders (the “Lenders”) in the aggregate principal amount of $150,500, for an aggregate purchase price from the Lenders of $107,500.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1729944/000149315225009573/0001493152-25-009573-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$150,500"},{"label":"Maturity","value":"the earlier of (i) the date of consummation of any offering or offerings, individually or in the aggregate, of securities with gross proceeds of at least $1,000"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}