debt
confidence high
sentiment neutral
materiality 0.20
IMAC Holdings issues $36,050 promissory note with $10,300 OID, matures Dec 24, 2025
IMAC Holdings, Inc.
- Principal $36,050; purchase price $25,750, implying ~28.5% original-issue discount.
- Note is unsecured, matures December 24, 2025; prepayable anytime without penalty.
- Customary events of default include bankruptcy/insolvency proceedings.
- Proceeds used for general corporate purposes according to the filing.
- Form of note filed as Exhibit 4.1 to the 8-K.