secwatch.observer — SEC 8-K summary
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Issuer:     IMAC Holdings, Inc. (BACK)
CIK:        0001729944
Form:       8-K
Filed at:   2025-11-20T23:59:59+00:00
Accession:  0001493152-25-024476
Event type: debt
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IMAC Holdings issues $210K secured promissory note for $150K purchase price
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- Aggregate principal $210,000; purchase price $150,000; $60,000 original issue discount.
- Note matures February 13, 2026; secured; prepayable without penalty.
- Customary representations, warranties, covenants, and bankruptcy-related events of default included.
- Proceeds used for general corporate purposes (no specific allocation disclosed).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1729944/000149315225024476/0001493152-25-024476-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1729944/000149315225024476/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-024476

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