other material
confidence high
sentiment negative
materiality 0.50
IMAC Holdings, Inc. (BACK): debt financing — IMAC Holdings issues $455K promissory note at $325K; director resigns
IMAC Holdings, Inc.
- Company issued unsecured promissory note for $455,000 principal, purchased at $325,000, maturing Dec 24, 2025.
- Director Jeffrey Busch resigned effective May 31, 2025, with no disagreement with company operations.
- Note includes customary events of default and is prepayable without penalty.