IMAC Holdings Inc. has announced that its previously issued financial statements from several periods in 2024 should not be relied upon due to a non-cash error related to accounting for preferred dividends. The affected financial reports include the quarterly statements for June 30 and September 30, 2024, as well as the annual report for the year ending December 31, 2024. This decision was made by the company's Audit Committee in consultation with management. The error, stemming from a material weakness in internal control over financial reporting, is not linked to the company's cash position. IMAC Holdings is currently working to amend the affected reports and has discussed the issue with Marcum LLP, its independent accounting firm.