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IMAC Holdings Issues Promissory Note for $301,000

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IMAC Holdings Issues Promissory Note for $301,000

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Imac Holdings ( (BACK) ) just unveiled an update.

On June 17, 2025, IMAC Holdings, Inc. issued an unsecured promissory note to a lender for a principal amount of $301,000, with a purchase price of $215,000. The note, maturing on December 24, 2025, allows for prepayment without penalty and includes standard covenants and default events, impacting the company’s financial obligations and risk management strategies.

Spark’s Take on BACK Stock

According to Spark, TipRanks’ AI Analyst, BACK is a Underperform.

IMAC Holdings has a low overall stock score due to significant financial challenges, negative valuation metrics, and technical indicators suggesting weak momentum. The risk of Nasdaq delisting further exacerbates the company’s precarious position. The lack of earnings call data limits further insights into potential strategic actions or improvements.

To see Spark’s full report on BACK stock, click here.

More about Imac Holdings

Average Trading Volume: 157,662

Technical Sentiment Signal: Sell

Current Market Cap: $160.9K

Learn more about BACK stock on TipRanks’ Stock Analysis page.

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