{"id":225452,"date":"2026-03-19T16:03:00","date_gmt":"2026-03-19T20:03:00","guid":{"rendered":"https:\/\/news-you-need.com\/index.php\/2026\/03\/19\/imac-surrenders-ignite-assets-proposed-35-million-sale-to-aditxt-and-36-million-financing-tradingview-news\/"},"modified":"2026-03-19T18:05:13","modified_gmt":"2026-03-19T22:05:13","slug":"imac-surrenders-ignite-assets-proposed-35-million-sale-to-aditxt-and-36-million-financing-tradingview-news","status":"publish","type":"post","link":"https:\/\/news-you-need.com\/index.php\/2026\/03\/19\/imac-surrenders-ignite-assets-proposed-35-million-sale-to-aditxt-and-36-million-financing-tradingview-news\/","title":{"rendered":"IMAC Surrenders Ignite Assets; Proposed $35 Million Sale to Aditxt and $36 Million Financing \u2014 TradingView News"},"content":{"rendered":"<p><a href=\"https:\/\/www.tradingview.com\/news\/tradingview:24128224d2195:0-imac-surrenders-ignite-assets-proposed-35-million-sale-to-aditxt-and-36-million-financing\/\">IMAC Surrenders Ignite Assets; Proposed $35 Million Sale to Aditxt and $36 Million Financing \u2014 TradingView News<\/a><\/p>\n<p><a href=\"https:\/\/www.tradingview.com\/news\/tradingview:24128224d2195:0-imac-surrenders-ignite-assets-proposed-35-million-sale-to-aditxt-and-36-million-financing\/\">https:\/\/www.tradingview.com\/news\/tradingview:24128224d2195:0-imac-surrenders-ignite-assets-proposed-35-million-sale-to-aditxt-and-36-million-financing\/<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-03-19 16:03:00<\/a><\/p>\n<p>Source Domain: <a href=\"www.tradingview.com\">www.tradingview.com<\/a><\/p>\n<p class=\"\"><span>IMAC Holdings entered into two related agreements on March 11, 2026 tied to the disposition of Ignite Proteomics. First, it executed a Turnover and Release Agreement, surrendering 100% of Ignite and related assets to the collateral agent in full satisfaction of defaulted senior secured notes, with a proposed sale to Aditxt valued at least at $35 million. Second, IMAC joined a Securities Purchase Agreement under which Aditxt issued $36 million of Series A-2 preferred stock to investors, to be satisfied by transferring rights and title to the Ignite assets, potentially with cash. Together, the transactions aim to settle IMAC\u2019s secured obligations and advance the planned asset transfer.<\/span><\/p>\n<p class=\"\"><strong class=\"root-Tkn6WL2y\"><span>Agreement 1: IMAC Surrenders Ignite Assets to Satisfy Notes; Proposed $35 Million Sale to Aditxt<\/span><\/strong><\/p>\n<ul class=\"list-bmN0_SHH list--padded-bmN0_SHH\">\n<li class=\"listItem-bmN0_SHH\"><strong class=\"root-Tkn6WL2y\"><span>Agreement type<\/span><\/strong><span>: Voluntary Turnover, Retention in Satisfaction and Release Agreement for Ignite assets<\/span><\/li>\n<li class=\"listItem-bmN0_SHH\"><strong class=\"root-Tkn6WL2y\"><span>Counterparty<\/span><\/strong><span>: Cavalry Fund I SPV I, as Collateral Agent, and Noteholders<\/span><\/li>\n<li class=\"listItem-bmN0_SHH\"><strong class=\"root-Tkn6WL2y\"><span>Signed \/ Effective<\/span><\/strong><span>: Mar 11 2026 \/ same<\/span><\/li>\n<li class=\"listItem-bmN0_SHH\"><strong class=\"root-Tkn6WL2y\"><span>Duration \/ Termination<\/span><\/strong><span>: At will<\/span><\/li>\n<li class=\"listItem-bmN0_SHH\"><strong class=\"root-Tkn6WL2y\"><span>Reason<\/span><\/strong><span>: Settle defaulted secured notes and facilitate asset sale<\/span><\/li>\n<\/ul>\n<p class=\"\"><strong class=\"root-Tkn6WL2y\"><span>Agreement 2: IMAC Enters SPA as Aditxt Issues $36 Million Series A-2 Preferred to Enable Asset Transfer<\/span><\/strong><\/p>\n<ul class=\"list-bmN0_SHH list--padded-bmN0_SHH\">\n<li class=\"listItem-bmN0_SHH\"><strong class=\"root-Tkn6WL2y\"><span>Agreement type<\/span><\/strong><span>: Securities Purchase Agreement for Series A-2 convertible preferred stock<\/span><\/li>\n<li class=\"listItem-bmN0_SHH\"><strong class=\"root-Tkn6WL2y\"><span>Counterparty<\/span><\/strong><span>: Aditxt and several investors<\/span><\/li>\n<li class=\"listItem-bmN0_SHH\"><strong class=\"root-Tkn6WL2y\"><span>Signed \/ Effective<\/span><\/strong><span>: Mar 11 2026 \/ same<\/span><\/li>\n<li class=\"listItem-bmN0_SHH\"><strong class=\"root-Tkn6WL2y\"><span>Duration \/ Termination<\/span><\/strong><span>: At will<\/span><\/li>\n<li class=\"listItem-bmN0_SHH\"><strong class=\"root-Tkn6WL2y\"><span>Reason<\/span><\/strong><span>: Facilitate transfer and sale of Ignite assets<\/span><\/li>\n<\/ul>\n<p class=\"\"><span>Original SEC Filing: <\/span>IMAC Holdings, Inc. [ BACK ] &#8211; 8-K &#8211; Mar. 19, 2026<\/p>\n<p><span class=\"heading-aHOVUrmQ\">Disclaimer<\/span><\/p>\n<p><span>This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.<\/span><\/p>\n<p><a href=\"https:\/\/www.tradingview.com\/news\/tradingview:24128224d2195:0-imac-surrenders-ignite-assets-proposed-35-million-sale-to-aditxt-and-36-million-financing\/\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>IMAC Surrenders Ignite Assets; Proposed $35 Million Sale to Aditxt and $36 Million Financing \u2014&#8230;<\/p>\n","protected":false},"author":1,"featured_media":225453,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s.tradingview.com\/static\/images\/illustrations\/news-story.jpg","fifu_image_alt":"","footnotes":""},"categories":[43],"tags":[52],"class_list":["post-225452","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-macintosh","tag-imac"],"_links":{"self":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/225452"}],"collection":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=225452"}],"version-history":[{"count":1,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/225452\/revisions"}],"predecessor-version":[{"id":225454,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/225452\/revisions\/225454"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/225453"}],"wp:attachment":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=225452"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=225452"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=225452"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}