debt
confidence high
sentiment neutral
materiality 0.30
IMAC Holdings, Inc. (BACK): debt financing — IMAC Holdings issues $139k principal promissory notes at ~$99k discount, maturing Dec 2025
IMAC Holdings, Inc.
- Issued unsecured notes with aggregate principal $139,196.40 for $99,426 purchase price (implied discount ~28.6%).
- Notes mature on December 24, 2025; prepayable without penalty.
- Notes include customary covenants and bankruptcy/insolvency default provisions.
- Lenders not named; form of note filed previously on April 3, 2025.