secwatch.observer — SEC 8-K summary
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Issuer:     IMAC Holdings, Inc. (BACK)
CIK:        0001729944
Form:       8-K
Filed at:   2026-02-18T23:59:59+00:00
Accession:  0001493152-26-007267
Event type: debt
Sentiment:  negative
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IMAC Holdings issues $210K secured promissory note at $150K purchase price
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- Note principal $210,000; proceeds $150,000; effective discount $60,000.
- Note is secured, matures on demand without written prepayment penalty.
- Customary representations, warranties, defaults including bankruptcy events.
- Funds obtained from a single lender; no stated use of proceeds.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1729944/000149315226007267/0001493152-26-007267-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1729944/000149315226007267/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-007267

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