UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 8.01: Other Events
On July 18, 2025, FONAR Corporation. (the “Company”) issued a press release announcing that the Special Committee of the Board of Directors had received a supplemental letter from the Proposed Acquisition Group led by Timothy Damadian, the Company’s Chief Executive Officer, proposing a potential transaction in which the Group would acquire all of the Company’s outstanding capital stock that it does not currently own for $17.25 per share in cash.
The press release is attached to this report as Exhibit 99.1 and is incorporated herein by reference.
Exhibits:
99.1 Press Release dated July 18, 2025.
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
FONAR CORPORATION | |
(Registrant) | |
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By /s/ John P. Collins | |
John P. Collins | |
General Counsel |
Dated: July 21, 2025