The Back Space Announces Next Spinal Care Locations
July 07 2021 - 9:00AM
IMAC Holdings, Inc. (Nasdaq: IMAC) (“IMAC” or the “Company”) today
announces the next four locations of “The Back Space” retail
healthcare centers specializing in chiropractic and spinal care
services.
IMAC’s wholly owned subsidiary, The Back Space,
will open three additional Nashville-area locations to complement
the first opened last month. A second location in Murfreesboro,
followed by a La Vergne and Antioch location are anticipated this
quarter. Chesterfield, Missouri, home to the Ozzie Smith IMAC
Regeneration Center, is the fourth announced location.
“The Back Space continues its next phase of
storefronts and unique care platform with valuable information
regarding consumer preference from our first location. Importantly,
initial consumer feedback verifies that The Back Space delivers
value for the Walmart customer at an affordable price,” commented
Jeffrey Ervin, Chief Executive Officer of IMAC. “Our announced
locations are in the permitting process and will begin construction
soon. In the meantime, we have developed a replicable buildout
process that will accelerate grand opening dates by a week and save
approximately 15% of implementation costs for each future
facility.”
IMAC’s The Back Space, which has now announced
five of the 10 locations in a pilot program directly within a
Walmart retail store, delivers chiropractic adjustments, nerve and
muscle stimulation, and percussion tool therapies for soft tissue
recovery, muscle relaxation, and spinal wellness. Services will be
offered on a walk-in and appointment basis, priced at $25 per
treatment, with memberships available for $65 per month that are
valid at any The Back Space location. More information can be found
at www.back.co.
About IMAC Holdings, Inc.
IMAC was created in March 2015 to expand on the
footprint of the original IMAC Regeneration Center, which opened in
Kentucky in August 2000. IMAC Regeneration Centers combine
life-science advancements with traditional medical care for
movement restricting diseases and conditions. IMAC owns or manages
more than 15 outpatient clinics that provide regenerative,
orthopedic and minimally invasive procedures and therapies. It has
partnered with several active and former professional athletes
including Ozzie Smith, David Price, Mike Ditka and Tony Delk.
IMAC’s outpatient medical clinics emphasize treating sports and
orthopedic injuries and movement-restricting diseases without
surgery or opioids. More information about IMAC Holdings, Inc. is
available at www.imacholdings.com.
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Safe Harbor Statement
This press release contains forward-looking
statements. These forward-looking statements, and terms such as
“anticipate,” “expect,” “believe,” “may,” “will,” “should” or other
comparable terms, are based largely on IMAC's expectations and are
subject to a number of risks and uncertainties, certain of which
are beyond IMAC's control. Actual results could differ materially
from these forward-looking statements as a result of, among other
factors, risks and uncertainties associated with its ability to
raise additional funding, its ability to maintain and grow its
business, variability of operating results, its ability to maintain
and enhance its brand, its development and introduction of new
products and services, the successful integration of acquired
companies, technologies and assets, marketing and other business
development initiatives, competition in the industry, general
government regulation, economic conditions, dependence on key
personnel, the ability to attract, hire and retain personnel who
possess the skills and experience necessary to meet customers’
requirements, and its ability to protect its intellectual property.
IMAC encourages you to review other factors that may affect its
future results in its registration statement and in its other
filings with the Securities and Exchange Commission. In light of
these risks and uncertainties, there can be no assurance that the
forward-looking information contained in this press release will in
fact occur.
IMAC Press Contact:
Laura Fristoe
lfristoe@imacrc.com
Investor Relations:
Bret Shapiro
(516) 222-2560
brets@coreir.com
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