IMAC Holdings enters short-term secured financing agreement
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IMAC Holdings, Inc. has entered a secured financing agreement, issuing a promissory note of $292,600 for $209,000 in gross proceeds, maturing on January 31, 2026. This arrangement highlights the company's near-term liquidity needs and may impact its balance-sheet flexibility. Spark's analysis rates BACK stock as Underperform, citing financial challenges and risks of Nasdaq delisting. The current market cap is $450.4K, with a low stock score due to negative metrics and weak momentum indicators.
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