{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-029639","form_type":"8-K","ticker":"BACK","cik":"0001729944","company_name":"IMAC Holdings, Inc.","filed_at":"2025-12-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.270978+00:00","generated_at":"2026-05-16T12:00:31.189445+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"IMAC Holdings issues $7.53M senior secured notes due Jan 31, 2026","bullets":["Aggregate principal $7,530,929.74; purchase price ~$6,332,901.16 via cash and debt conversion.","Notes mature Jan 31, 2026; 0% interest unless default then 14% per annum.","Notes senior to all future debt; secured by first-priority lien on substantially all assets.","10 subsidiaries guarantee including Ignite Proteomics, IMAC Regeneration Center of St Louis, others.","Buyers: Cavalry Fund I SPV I LP, C/M Capital Master Fund LP, and Cavalry Fund I LP."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-029639","json":"https://secwatch.observer/filing/0001493152-25-029639.json","markdown":"https://secwatch.observer/filing/0001493152-25-029639.md","text":"https://secwatch.observer/filing/0001493152-25-029639.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1729944/000149315225029639/0001493152-25-029639-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1729944/000149315225029639/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T12:00:31.189445+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":"e38df952e99ed4648f7b8f82fffbca132c7fd185","claim":"IMAC Holdings, Inc. entered into Securities Purchase Agreement with Cavalry Fund I SPV I LP, C/M Capital Master Fund LP, and Cavalry Fund I LP valued at $7,530,929.74 (effective 2025-12-19).","evidence_excerpt":"On December 19, 2025, IMAC Holdings, Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with Cavalry Fund I SPV I LP, C/M Capital Master Fund LP, and Cavalry Fund I LP (collectively, the “Buyers”), pursuant to which the Company agreed to issue and sell to the Buyers senior secured notes (the “Notes”) in the aggregate original principal amount of $7,530,929.74.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1729944/000149315225029639/0001493152-25-029639-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Cavalry Fund I SPV I LP, C/M Capital Master Fund LP, and Cavalry Fund I LP"},{"label":"Value","value":"$7,530,929.74"},{"label":"Effective","value":"2025-12-19"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}