---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-000524"
form_type: "8-K"
ticker: "BACK"
cik: "0001729944"
company_name: "IMAC Holdings, Inc."
filed_at: "2025-03-25T23:59:59+00:00"
generated_at: "2026-05-24T05:53:18.149836+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# Nasdaq denies IMAC Holdings' appeal; stock to be suspended March 26, delisted

## Summary
- Nasdaq Hearings Panel denied IMAC's request to continue listing; trading suspended at open March 26, 2025.
- Common stock will trade on OTC Pink Market under symbol 'BACK' starting March 26; OTCQB application planned.
- Delisting stems from failure to meet $2.5M minimum stockholders' equity requirement under Listing Rule 5550(b)(1).
- Company warns of limited liquidity, possible further price depression, and reduced ability to raise capital.

## SEC filing metadata
- accession: 0001641172-25-000524
- form_type: 8-K
- ticker: BACK
- cik: 0001729944
- company_name: IMAC Holdings, Inc.
- filed_at: 2025-03-25T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1729944/000164117225000524/0001641172-25-000524-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1729944/000164117225000524/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-000524
- JSON: https://secwatch.observer/filing/0001641172-25-000524.json
- Plain text: https://secwatch.observer/filing/0001641172-25-000524.txt

## Key facts
- Listing & Compliance Notices
  IMAC Holdings, Inc. received a nasdaq delisting notice notice regarding stockholders equity (rules 5550(b)(1)).
  - Exchange: nasdaq
  - Notice: delisting notice
  - Deficiency: stockholders equity
  - Rules: 5550(b)(1)
  source text: “Company”) received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company was not in compliance with the minimum stockholders’ equity requirement of $2.5 million for continued listing on the Nasdaq Capital Market under Listing Rule 5550(b)(1) (the “Equity Rule”), and on July 17, 2024, the Company was notified by Nasdaq that it regained compliance with the minimum stockholders’ equity requirement and was subjected to a one-year “Panel Monitor” as defined by Nasdaq Listing Rule 5815(d)(4)(B). On January 21, 2025, the Company rec
  evidence_url: https://www.sec.gov/Archives/edgar/data/1729944/000164117225000524/0001641172-25-000524-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.