debt
confidence high
sentiment neutral
materiality 0.40
IMAC Holdings issues $350K promissory note at $250K purchase price due Dec 2025
IMAC Holdings, Inc.
- Issued $350K principal promissory note for $250K purchase price to a lender ($100K OID).
- Note is unsecured, matures December 24, 2025, with no prepayment penalty.
- Customary representations, warranties, covenants, and bankruptcy/default acceleration provisions.
- Form of note incorporated by reference from prior 8-K filed May 6, 2025.
item 1.01item 2.03item 9.01