secwatch.observer — SEC 8-K summary
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Issuer:     IMAC Holdings, Inc. (BACK)
CIK:        0001729944
Form:       8-K
Filed at:   2025-06-18T23:59:59+00:00
Accession:  0001641172-25-015600
Event type: debt
Sentiment:  negative
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IMAC Holdings issues $301K promissory note at $215K purchase price, matures Dec 2025
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- Issued unsecured promissory note for $301,000 principal; received net proceeds of $215,000.
- Note matures on December 24, 2025; prepayable anytime without penalty.
- Events of default include bankruptcy and insolvency triggers.
- Terms incorporated by reference from prior Form 8-K filed May 6, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1729944/000164117225015600/0001641172-25-015600-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1729944/000164117225015600/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-015600

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer