IMAC Holdings Inc. Secures $82,600 Unsecured Promissory Note with Maturity Set for December 2025

Reuters

06-02

IMAC Holdings Inc. Secures $82,600 Unsecured Promissory Note with Maturity Set for December 2025

IMAC Holdings Inc. announced on May 29, 2025, that it has entered into a new financing agreement by issuing a promissory note to a lender. The note, valued at a principal amount of $82,600, was acquired for an aggregate purchase price of $59,000. This unsecured note is set to mature on December 24, 2025, and allows the company to prepay any portion of the outstanding principal without incurring penalties. The agreement includes standard representations, warranties, covenants, and specifies certain events of default, particularly related to bankruptcy or insolvency, which could lead to the principal being immediately due. The details of the promissory note are documented in the company's Current Report on 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: 0001641172-25-013145), on June 02, 2025, and is solely responsible for the information contained therein.

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Secures $82,600 Unsecured Promissory Note with Maturity Set for December 2025\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-06-02 18:01</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      IMAC Holdings Inc. Secures $82,600 Unsecured Promissory Note with Maturity Set for December 2025\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        IMAC Holdings Inc. announced on May 29, 2025, that it has entered into a new financing agreement by issuing a promissory note to a lender. The note, valued at a principal amount of $82,600, was acquired for an aggregate purchase price of $59,000. This unsecured note is set to mature on December 24, 2025, and allows the company to prepay any portion of the outstanding principal without incurring penalties. The agreement includes standard representations, warranties, covenants, and specifies certain events of default, particularly related to bankruptcy or insolvency, which could lead to the principal being immediately due. 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Secures $82,600 Unsecured Promissory Note with Maturity Set for December 2025\n    \n\n        IMAC Holdings Inc. announced on May 29, 2025, that it has entered into a new financing agreement by issuing a promissory note to a lender. The note, valued at a principal amount of $82,600, was acquired for an aggregate purchase price of $59,000. This unsecured note is set to mature on December 24, 2025, and allows the company to prepay any portion of the outstanding principal without incurring penalties. The agreement includes standard representations, warranties, covenants, and specifies certain events of default, particularly related to bankruptcy or insolvency, which could lead to the principal being immediately due. The details of the promissory note are documented in the company's Current Report on Form 8-K filed with the SEC.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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