secwatch.observer — SEC 8-K summary
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Issuer:     IMAC Holdings, Inc. (BACK)
CIK:        0001729944
Form:       8-K
Filed at:   2025-09-18T23:59:59+00:00
Accession:  0001493152-25-014045
Event type: debt
Sentiment:  negative
Materiality: 0.65
Item codes: 1.01, 2.03, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IMAC Holdings issues $179K unsecured note at $128K net; director Pruitt resigns
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- Issued unsecured promissory note for $179,375 principal, net proceeds $128,125, maturing Dec 24, 2025.
- Note issued at a discount; prepayable anytime without penalty.
- Director Michael D. Pruitt resigned effective Sept 12, 2025; no disagreement with company.
- Company will not appoint a new director; board committee vacancies filled by existing directors.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1729944/000149315225014045/0001493152-25-014045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1729944/000149315225014045/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-014045

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer