---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-011730"
form_type: "8-K"
ticker: "BACK"
cik: "0001729944"
company_name: "IMAC Holdings, Inc."
filed_at: "2025-05-20T23:59:59+00:00"
generated_at: "2026-05-21T00:16:13.523115+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# IMAC Holdings restates FY2024 and two Q 2024 financials over preferred dividend error

## Summary
- Audit Committee on May 16, 2025 determined Q2 and Q3 2024 and FY 2024 financials unreliable due to non-cash preferred dividend accounting error.
- Error does not affect cash position; restatement is for non-cash preferred dividend accounting only.
- Material weakness in ICFR identified: insufficient accounting resources to handle complex financial instruments.
- Company assessing impact and plans to amend the affected quarterly and annual reports.

## SEC filing metadata
- accession: 0001641172-25-011730
- form_type: 8-K
- ticker: BACK
- cik: 0001729944
- company_name: IMAC Holdings, Inc.
- filed_at: 2025-05-20T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 4.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1729944/000164117225011730/0001641172-25-011730-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1729944/000164117225011730/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-011730
- JSON: https://secwatch.observer/filing/0001641172-25-011730.json
- Plain text: https://secwatch.observer/filing/0001641172-25-011730.txt

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