secwatch.observer — SEC 8-K summary
======================================

Issuer:     IMAC Holdings, Inc. (BACK)
CIK:        0001729944
Form:       8-K
Filed at:   2026-02-27T23:59:59+00:00
Accession:  0001493152-26-008322
Event type: debt
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IMAC Holdings issues $175K secured demand promissory note at $125K purchase price
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1729944/000149315226008322/0001493152-26-008322-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1729944/000149315226008322/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-008322

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