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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 Act of 1934
Date
of Report (Date of earliest event reported): July 18, 2025

FONAR CORPORATION
(Exact
name of registrant as specified in its charter)
Delaware |
|
0-10248 |
|
11-2464137 |
(State
or other jurisdiction of incorporation) |
|
(Commission
File Number) |
|
(I.R.S.
Employer Identification No.) |
|
|
|
|
|
|
|
110 Marcus Drive, Melville, New York 11747
(631) 694-2929 |
|
|
|
|
(Address,
including zip code, and telephone number of registrant’s principal executive office) |
|
|
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):
☐
Written communications pursuant to Rule 425 under the Securities Act 17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)
Securities
registered pursuant to Section 12(b) of the Act.
Title
of each class |
|
Trading
symbol(s) |
|
Name
of each exchange on which registered |
Common Stock, $.0001 par
value |
|
FONR |
|
Nasdaq Stock Exchange |
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. ☐
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) |
|
--------------------------------------------------------------- |
|
By /s/ John P. Collins |
|
John P. Collins |
|
General Counsel |
Dated: July 21, 2025