debt
confidence high
sentiment neutral
materiality 0.40
IMAC Holdings issues $315k in unsecured promissory notes maturing Dec 2025
IMAC Holdings, Inc.
- Issued two promissory notes on Aug 11-12, 2025: Note 1 $229,600 (purchase $164,000) and Note 2 $85,400 (purchase $61,000).
- Both notes unsecured, mature Dec 24, 2025; prepayable without penalty.
- Customary events of default include bankruptcy/insolvency triggers for acceleration.
- Notes issued at discounts to principal, implying original issue discount.
item 1.01item 2.03item 9.01