Current Report Filing (8-k)
October 16 2020 - 4:14PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities
Exchange Act of 1934
Date of Report (Date of Earliest Event Reported):
October 13, 2020
IMAC Holdings, Inc.
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(Exact Name of Registrant as Specified in Its Charter)
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Delaware
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001-38797
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83-0784691
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(State or Other Jurisdiction
of Incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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605 Westgate Circle, Brentwood, Tennessee
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37027
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(Address of Principal Executive Offices)
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(Zip Code)
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Registrant’s Telephone Number, Including
Area Code: (844) 266-4622
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(Former Name or Former Address, If Changed Since Last Report)
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Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction
A.2. below):
☐ Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of Each Class
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Trading Symbol(s)
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Name of Each Exchange on Which Registered
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Common Stock, par value $0.001 per share
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NASDAQ Capital Market
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Warrants to Purchase Common Stock
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NASDAQ Capital Market
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Indicate by check mark whether the registrant is an emerging
growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities
Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if
the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 3.01.
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Notice of Delisting or Failure To Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
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On October 13, 2020, IMAC
Holdings, Inc. (“we”, “us” or “our”) received written notice from the Listing Qualifications
Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying us that, for a period of 30 consecutive business days,
the bid price of our common stock closed below the minimum of $1.00 per share required for continued listing on the Nasdaq Capital
Market pursuant to Nasdaq Listing Rule 5550(a)(2). In accordance with Nasdaq Listing Rule 5810(c)(3)(A), we have 180 calendar days,
or until April 12, 2021, to regain compliance with the minimum bid price requirement pursuant to Nasdaq Listing Rule 5550(a)(2).
If, at any time during the 180-day grace period, the closing bid price of our common stock is at least $1.00 per share for a minimum
of 10 consecutive business days, we will have regained compliance and Nasdaq will provide us with written confirmation of such.
If we fail to regain compliance
before April 12, 2021, but meet the continued listing requirement for market value of publicly-held shares and all other initial
listing standards for the Nasdaq Capital Market, we may be eligible for additional time to regain compliance with the minimum bid
price requirement.
Our common stock will continue
to be listed and traded on the Nasdaq Capital Market during the 180-day grace period, subject to our compliance with the other
continued listing requirements of the Nasdaq Capital Market.
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
October 16, 2020
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IMAC HOLDINGS, INC.
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By:
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/s/ Jeffrey
Ervin
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Name:
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Jeffrey Ervin
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Title:
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Chief Executive Officer
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