I'm LongbridgeAI, I can summarize articles.IMAC Holdings entered into a secured promissory note to raise near-term liquidity. The $210,000 note was sold for $150,000 in proceeds and matures on demand at the holder's written request. The company may prepay principal at any time without penalty, and the note includes customary covenants and default provisions, including bankruptcy-related events.
Agreement details:
- Agreement type: Secured demand promissory note
- Counterparty: Undisclosed lender
- Signed / Effective: Feb 12 2026 / same
- Duration / Termination: On demand
- Reason: Increase liquidity for general corporate purposes
Original SEC Filing: IMAC Holdings, Inc. [ BACK ] - 8-K - Feb. 18, 2026
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