debt
confidence high
sentiment neutral
materiality 0.30
IMAC Holdings issues $175K secured demand promissory note at $125K purchase price
IMAC Holdings, Inc.
- Principal amount $175,000; purchased at $125,000, implying a $50,000 OID.
- Note is secured and matures on demand; borrower may prepay without penalty.
- Proceeds not specified; note includes customary events of default (including bankruptcy).
- Terms incorporated by reference from prior 8-K filed Feb 18, 2025.
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