debt
confidence high
sentiment neutral
materiality 0.25
IMAC Holdings, Inc. (BACK): debt financing — IMAC Holdings issues $37,089 promissory notes, net proceeds $26,492
IMAC Holdings, Inc.
- Aggregate principal of $37,088.88; purchase price of $26,492 from lenders.
- Notes are unsecured and mature on December 24, 2025; prepayable without penalty.
- Customary covenants and events of default, including bankruptcy/insolvency triggers.
- Form of note previously filed as Exhibit 4.1 to the April 3, 2025 8-K.