---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-013865"
form_type: "8-K"
ticker: "BACK"
cik: "0001729944"
company_name: "IMAC Holdings, Inc."
filed_at: "2025-06-05T23:59:59+00:00"
generated_at: "2026-05-19T22:19:25.451560+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# IMAC Holdings issues $455K promissory note at $325K; director resigns

## Summary
- 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.

## SEC filing metadata
- accession: 0001641172-25-013865
- form_type: 8-K
- ticker: BACK
- cik: 0001729944
- company_name: IMAC Holdings, Inc.
- filed_at: 2025-06-05T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1729944/000164117225013865/0001641172-25-013865-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1729944/000164117225013865/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-013865
- JSON: https://secwatch.observer/filing/0001641172-25-013865.json
- Plain text: https://secwatch.observer/filing/0001641172-25-013865.txt

## Key facts
- Debt Financings
  IMAC Holdings, Inc. incurred loan of $455,000 with a certain lender maturing December 24, 2025.
  - Instrument: loan
  - Principal: $455,000
  - Counterparty: a certain lender
  - Maturity: December 24, 2025
  - Event: incurrence
  source text: On June 3, 2025, IMAC Holdings, Inc. (the "Company") issued a promissory note (the "Note") to a certain lender (the "Lender") in the aggregate principal amount of $455,000 for an aggregate purchase price from the Lenders of $325,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1729944/000164117225013865/0001641172-25-013865-index.htm
- Executive change
  Jeffrey Busch resigned as Director at IMAC Holdings, Inc..
  - Action: resigned
  - Role: Director
  source text: On May 30, 2025, Jeffrey Busch notified the Board of Directors (the “Board”) of IMAC Holdings, Inc. (the “Company”) of his resignation as director, effective on May 31, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1729944/000164117225013865/0001641172-25-013865-index.htm

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