IMAC Holdings Inc. Secures $455,000 Promissory Note from Lender, Maturing December 2025

Reuters

06-06

IMAC Holdings Inc. Secures $455,000 Promissory Note from Lender, Maturing December 2025

IMAC Holdings Inc. has entered into a new financing agreement, issuing a promissory note to a lender on June 3, 2025. The note involves an aggregate principal amount of $455,000, with the lender purchasing it for $325,000. This unsecured note is set to mature on December 24, 2025, and allows IMAC Holdings to prepay any portion of the outstanding principal without incurring penalties. The agreement includes standard representations, warranties, and covenants, with specific events of default outlined, such as bankruptcy or insolvency issues, which could trigger the principal to become immediately due. This transaction is part of IMAC Holdings' ongoing financial management strategy.

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: 0001641172-25-013865), on June 05, 2025, and is solely responsible for the information contained therein.

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Secures $455,000 Promissory Note from Lender, Maturing 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\">2025-06-06 05:25</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 $455,000 Promissory Note from Lender, Maturing 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. has entered into a new financing agreement, issuing a promissory note to a lender on June 3, 2025. The note involves an aggregate principal amount of $455,000, with the lender purchasing it for $325,000. This unsecured note is set to mature on December 24, 2025, and allows IMAC Holdings to prepay any portion of the outstanding principal without incurring penalties. The agreement includes standard representations, warranties, and covenants, with specific events of default outlined, such as bankruptcy or insolvency issues, which could trigger the principal to become immediately due. 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ID: 0001641172-25-013865), on June 05, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250605:nNDL1fZmZk:1","article_id":"2541679009","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2541679009","pubTimestamp":1749158739,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"IMAC Holdings Inc. has entered into a new financing agreement, issuing a promissory note to a lender on June 3, 2025. The note involves an aggregate principal amount of $455,000, with the lender purchasing it for $325,000. This unsecured note is set to mature on December 24, 2025, and allows IMAC Holdings to prepay any portion of the outstanding principal without incurring penalties. The agreement includes standard representations, warranties, and covenants, with specific events of default outlined, such as bankruptcy or insolvency issues, which could trigger the principal to become immediately due. This transaction is part of IMAC Holdings' ongoing financial management strategy.Disclaimer: This news brief was created by Public Technologies  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. 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