IMAC Holdings, Inc. 8-K

What Happened IMAC Holdings, Inc. filed a Form 8-K reporting it entered into a material definitive agreement and created a direct financial obligation on January 15, 2026. The company issued a secured promissory note with an aggregate principal amount of $292,600 in exchange for an aggregate purchase price (proceeds) of $209,000. The Note matures on January 31, 2026 and may be prepaid, in whole or in part, at any time without penalty. The Note contains customary representations, warranties, covenants and events of default, including bankruptcy- or insolvency-related defaults.

Key Details

• Date of issuance: January 15, 2026.
• Principal amount: $292,600; aggregate purchase price (proceeds to the company): $209,000.
• Maturity date: January 31, 2026.
• Secured note; prepayment allowed without penalty; includes standard covenants and defaults (e.g., bankruptcy/insolvency).
• Form of the promissory note is filed as Exhibit 4.1 and incorporated by reference in the 8-K.

Why It Matters This filing documents short‑term debt that increases IMAC’s liabilities and creates a near-term repayment obligation (due Jan 31, 2026). The structure—receiving $209,000 now for a $292,600 principal obligation—means the company is effectively borrowing on terms that will require a larger cash outflow at maturity. The secured nature of the Note and the stated events of default could affect the company’s collateral positions and creditor rights if problems arise. Investors should note this financing when assessing IMAC’s near-term liquidity and capital structure.