IMAC Holdings Acquires Assets of Theralink to Continue Precision Medicine Business

On May 1, 2024, as previously announced, pursuant to that certain Settlement and Release Agreement, by and between IMAC Holdings, Inc. (NASDAQ: BACK) (“BACK”) and Theralink Technologies, Inc. (“Theralink”), BACK acquired the assets of Theralink, other than certain excluded assets, in settlement of the default by Theralink of certain outstanding debt and BACK’s agreement to issue certain shares of preferred stock of BACK to Theralink and/or certain holders of debt of Theralink, as applicable, in the future following the completion of a third party valuation of Theralink’s business.

Read the full article: IMAC Holdings Acquires Assets of Theralink to Continue Precision Medicine Business //

Source: https://www.globenewswire.com/news-release/2024/05/07/2876737/0/en/IMAC-Holdings-Acquires-Assets-of-Theralink-to-Continue-Precision-Medicine-Business.html

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