IMAC Holdings discloses $260,400 secured note for $186,000 cash

IMAC Holdings, Inc. reported that on December 26, 2025 it entered into a new short-term financing.

Rhea-AI Filing Summary

IMAC Holdings, Inc. reported that on December 26, 2025 it entered into a new short-term financing. The company issued a secured promissory note with an aggregate principal amount of $260,400 for an aggregate purchase price of $186,000, creating a new direct financial obligation.

The note matures on January 31, 2026 and may be prepaid in whole or in part at any time without penalty. It includes customary representations, warranties and covenants, and specifies events of default under which the outstanding principal can be declared immediately due and payable, including certain bankruptcy or insolvency events involving the company.

Insights

Credit and capital structure analyst

IMAC adds discounted, secured short-term debt that boosts liquidity but increases near-term obligations.

The company entered into a secured promissory note with a principal amount of $260,400 for a purchase price of $186,000. This structure means IMAC receives less cash than the amount it is obligated to repay, effectively embedding additional financing cost without disclosing the exact interest rate in this excerpt.

The note is secured and matures on January 31, 2026, creating a concentrated near-term repayment obligation. The ability to prepay at any time without penalty offers flexibility if cash is available earlier. Customary covenants and bankruptcy or insolvency events of default are standard but underscore that failure to meet terms could accelerate repayment of the full principal.

8-K Event Classification

3 items: 1.01, 2.03, 9.01

3 items

Item 1.01 Entry into a Material Definitive Agreement Business

The company signed a significant contract such as a merger agreement, credit facility, or major partnership.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement Financial

The company incurred a new significant debt or off-balance-sheet obligation.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What new financing did IMAC Holdings (BACK) enter into on December 26, 2025?

On December 26, 2025, IMAC Holdings, Inc. issued a secured promissory note to a lender, creating a new direct financial obligation for the company.

What are the principal amount and purchase price of IMAC Holdings' new promissory note?

The promissory note has an aggregate principal amount of $260,400 and an aggregate purchase price of $186,000 from the lenders.

When does IMAC Holdings' new promissory note mature?

The secured promissory note issued by IMAC Holdings matures on January 31, 2026.

Can IMAC Holdings prepay the new promissory note without penalty?

Yes. IMAC Holdings may prepay any portion of the outstanding principal at any time without penalty under the terms of the note.

What events can cause IMAC Holdings' promissory note to become immediately due and payable?

The note specifies events of default, including certain bankruptcy or insolvency events involving IMAC Holdings, after which the outstanding principal may be declared immediately due and payable.

Where can investors find the full terms of IMAC Holdings' new promissory note?

The full terms are in the form of Promissory Note filed as Exhibit 4.1, which is incorporated by reference from a prior filing dated November 20, 2025.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 12/29/2025 - 04:00 PM Learn about SEC filing dates

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 26, 2025

IMAC Holdings, Inc.

(Exact name of registrant as specified in its charter)

Delaware		001-38797		83-0784691
(State or other jurisdiction of incorporation or organization)		(Commission File Number)		(I.R.S. Employer Identification Number)

3401 Mallory Lane, Suite 100 Franklin, Tennessee		37067
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (844) 266-4622

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, par value $0.001 per share		BACK		OTC Markets Group, Inc.

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.01 Entry into a Material Definitive Agreement.

The information provided in Item 2.03 of this Current Report on Form 8-K is incorporated by reference into this Item 1.01.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

On December 26, 2025, IMAC Holdings, Inc. (the “Company”) issued a promissory note (the “Note”) to a certain lender (the “Lender”) in the aggregate principal amount of $260,400 for an aggregate purchase price from the Lenders of $186,000.

The Note is secured and matures on January 31, 2026. The Company may prepay any portion of the outstanding principal at any time without penalty.

The Note includes customary representations, warranties and covenants and sets forth certain events of default after which the outstanding principal may be declared immediately due and payable, including certain types of bankruptcy or insolvency events of default involving the Company.

The foregoing description of the Note is not complete and is qualified in its entirety by reference to the full text of the Note, a copy of the form of which is filed as Exhibit 4.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.		Description
4.1		Form of Promissory Note (filed as Exhibit 4.1 to the Company’s Form 8-K filed with the SEC on November 20, 2025 and incorporated herein by reference).
104		Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: December 29, 2025

	IMAC HOLDINGS, INC.
	By:	/s/ Faith Zaslavsky
	Name:	Faith Zaslavsky
	Title:	Chief Executive Officer