IMAC Holdings Inc. Secures $30,800 Promissory Note, Maturing December 2025, with Prepayment Flexibility

Reuters
08/05
IMAC Holdings Inc. Secures $30,800 Promissory Note, Maturing December 2025, with Prepayment Flexibility

IMAC Holdings Inc. has entered into a new financing agreement, issuing a promissory note to a lender with a principal amount of $30,800. The note was purchased by the lender for $22,000 and is set to mature on December 24, 2025. This unsecured note allows IMAC Holdings the flexibility to prepay the outstanding principal without any penalties. The agreement includes standard representations, warranties, and covenants, and outlines specific events leading to default, such as bankruptcy or insolvency, which could make the principal immediately due. Further details can be found in the company's Form 8-K filed with the SEC.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IMAC Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-022111), on August 05, 2025, and is solely responsible for the information contained therein.

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