IMAC Holdings, Inc. Enters 2022 with Improved Balance Sheet
Company reduces significant debt in 2021
“We worked diligently to reduce our debt in 2021 in order to position our Company for growth in 2022 and beyond,” said
“IMAC has retired debt to position the Company for strategic growth objectives that will optimize shareholder value. For example, we incurred
About IMAC Holdings, Inc.
IMAC Holdings owns and manages health and wellness centers that deliver sports medicine, orthopedic, and life science therapies for movement restricting diseases. IMAC is comprised of three business segments: outpatient medical centers, The Back Space, and a clinical research division. With treatments to address the aging population, IMAC Holdings owns or manages more than 15 outpatient medical clinics and has partnered with several active and former professional athletes, including Ozzie Smith, David Price, Mike Ditka, and Tony Delk to promote a minimally invasive approach to sports medicine. IMAC’s The Back Space retail spine health and wellness treatment centers deliver chiropractic care within Walmart locations. 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.imacholdings.com.
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Source: IMAC Holdings, Inc.