IMAC Holdings Inc. has entered into a new financing arrangement by issuing an unsecured promissory note to a lender in the aggregate principal amount of $201,600, with a purchase price of $144,000. The note, which matures on December 24, 2025, allows the company to prepay any portion of the outstanding principal at any time without penalty. The agreement includes customary representations, warranties, and covenants, and sets forth certain events of default, such as bankruptcy or insolvency, that could make the outstanding principal immediately due and payable.
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: 0001493152-25-018633), on October 20, 2025, and is solely responsible for the information contained therein.