Current Report Filing (8-k)
October 07 2021 - 08:01AM
Edgar (US Regulatory)
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2021-10-05
2021-10-05
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2021-10-05
2021-10-05
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2021-10-05
2021-10-05
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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 5, 2021
IMAC
Holdings, Inc.
(Exact
name of registrant as specified in its charter)
Delaware
|
|
001-38797
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83-0784691
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(State
or other jurisdiction
|
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(Commission
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(IRS
Employer
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of
incorporation)
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File
Number)
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Identification
No.)
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1605
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
|
(Former
Name or Former Address, If Changed Since Last Report)
|
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):
|
☐
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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☐
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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☐
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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☐
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities
registered pursuant to Section 12(b) of the Act:
Title
of Each Class
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Trading
Symbol
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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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|
IMAC
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NASDAQ Capital Market
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Warrants to Purchase Common
Stock
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IMACW
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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.
CURRENT
REPORT ON FORM 8-K
IMAC
Holdings, Inc. (the “Company”)
October
5, 2021
On
October 5, 2021, the Company was informed by CGS Administrators, LLC, a Centers for Medicare & Medicaid Services (“CMS”)
contractor, that, as a result of the Company’s appeal and upon further review by the contractor, it was reversing the statistical
extrapolation used to claim that the Company was overpaid by CMS in the amount of $2,918,472 for the period from February 2017 to November
2020. The corrected overpayment amount claimed by the contractor has been reduced to $5,328. The Company made this payment
and will receive back amounts previously withheld by CMS, plus interest, based on the original claimed CMS overpayment.
The
possible repayment of the original claimed CMS overpayment was previously reported by the Company in its quarterly report for the quarter
ended June 30, 2021. The Company awaits the outcome of a secondary appeal of the error rate calculations.
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.
Dated:
October 7, 2021
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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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