The Regenerative Center, LLC acquired Tangible and intangible assets of Kentucky operation of IMAC Holdings, Inc. for $0.08 million.
November 29, 2023
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The Regenerative Center, LLC entered into agreements to acquire Tangible and intangible assets of Kentucky operation of IMAC Holdings, Inc. for $0.08 million on November 24, 2023.
The Regenerative Center, LLC completed the acquisition of Tangible and intangible assets of Kentucky operation of IMAC Holdings, Inc. in November 2023.
IMAC Holdings, Inc. owns and manages health and wellness centers that delivers sports medicine, orthopedic care, and restorative joint and tissue therapies for movement restricting pain and neurodegenerative diseases. The Company provides movement, orthopedic and neurological therapies through its chain of Innovative Medical Advancements and Care (IMAC) Regeneration Centers. The Company, through its outpatient medical clinics, provide conservative, minimally invasive medical treatments to help patients with back pain, knee pain, joint pain, ligament and tendon damage, and other related soft tissue conditions. It operates through two business segments: outpatient medical centers and clinical research division. The Company's research division is conducting a Phase I clinical trial evaluating a mesenchymal stem cell therapy candidate for bradykinesia due to Parkinsonâs disease. The Company operates approximately 10 outpatient medical clinics in five states in the United States.