IMAC Holdings Inc. Secures New Financing with Unsecured Promissory Notes Totaling $315,000, Maturing December 2025
IMAC Holdings Inc. has entered into new financing agreements involving the issuance of promissory notes to two lenders. On August 11, 2025, IMAC Holdings issued a promissory note to Lender 1 for a principal amount of $229,600, with an aggregate purchase price of $164,000. The following day, August 12, 2025, the company issued another promissory note to Lender 2 for a principal amount of $85,400, with a purchase price of $61,000. Both notes are unsecured and set to mature on December 24, 2025. The agreements allow IMAC Holdings the flexibility to prepay any portion of the outstanding principal without incurring penalties. These financial arrangements include standard provisions regarding representations, warranties, covenants, and events of default. Further details can be found in the full text of the notes filed with the SEC.
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