IMAC Holdings, Inc. Regains Compliance with Nasdaq Listing Requirements
September 27 2023 - 4:30PM
IMAC Holdings, Inc. (Nasdaq: BACK) (“IMAC” or the “Company”) today
announced that it has received notice from The Nasdaq Stock Market
LLC informing the Company that it has regained compliance with the
minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2)
for continued listing on The Nasdaq Capital Market and that it is
in compliance with all applicable listing standards.
The Company’s common stock and warrants will
continue to be listed and traded on The Nasdaq Capital Market under
the symbols “BACK” and “IMACW,” respectively.
About IMAC Holdings, Inc.
IMAC owns and manages health and wellness
centers that deliver sports medicine, orthopedic care, and
restorative joint and tissue therapies for movement restricting
pain and neurodegenerative diseases. IMAC is comprised of two
business segments: outpatient medical centers and a clinical
research division. With treatments to address both young and aging
populations, IMAC owns or manages outpatient medical
clinics that deliver regenerative rehabilitation services as a
minimally invasive approach to acute and chronic musculoskeletal
and neurological health problems. IMAC’s research division is
currently conducting a Phase I clinical trial evaluating a
mesenchymal stem cell therapy candidate for bradykinesia due to
Parkinson’s disease. For more information
visit www.imacregeneration.com.
Forward-Looking Statements
This press release contains “forward-looking
statements” within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. These forward-looking statements generally
include statements that are predictive in nature and depend upon or
refer to future events or conditions, and include words such as
“believes,” “plans,” “anticipates,” “projects,” “estimates,”
“expects,” “intends,” “strategy,” “future,” “opportunity,” “may,”
“will,” “should,” “could,” “potential,” or similar expressions.
Statements that are not historical facts are forward-looking
statements. Forward-looking statements are based on current beliefs
and assumptions that are subject to risks and uncertainties.
Forward-looking statements speak only as of the date they are made,
and the Company undertakes no obligation to update any of them
publicly in light of new information or future events. Actual
results could differ materially from those contained in any
forward-looking statement as a result of various factors. More
information, including potential risk factors, that could affect
the Company’s business and financial results are included in the
Company’s filings with the Securities and Exchange Commission,
including, but not limited to, the Company’s Forms 10-K, 10-Q and
8-K. All filings are available at www.sec.gov and on the Company’s
website at www.imacregeneration.com.
IMAC Investor Contact:jeff@imacholdings.com
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