FONAR Corporation
FONR/FONAR, LLCprivateFONAR Corp shareholders to vote on $19/share going-private merger
Key takeaways
- FONAR, LLC acquires FONAR Corporation — 30% premium (cash).
Deal value
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cash
Per-share offer
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Premium
+29.6%
Days to close
—
Term fee
—
Spread Calculator
Manual price entry · saved per ticker
Announced
Apr 24, 2026
Preliminary Proxy
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Definitive Proxy
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Record date
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Shareholder vote
May 28, 2026
Expected close
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No regulatory or closing-conditions data extracted yet. The merger agreement Exhibit 10.1 contains this in the “Conditions to Closing” and “Regulatory Approvals” articles.
- Shareholder approval· a majority of the outstanding shares
No competing-bidder, activist, or dissident-proxy signals in the database for this target.
No advisor data on record for this deal.
- Apr 24, 2026this filing
FONAR Corp shareholders to vote on $19/share going-private merger
FONAR Corporation has agreed to be acquired by FONAR LLC and its Acquisition Group led by CEO Timothy Damadian in an all-cash going-private transaction. Shareholders will receive $19.00 per share of Common Stock, $6.34 per share of Class C Common Stock, and $10.50 per share of Class A Non-voting Preferred Stock, representing a 29.6% premium to the unaffected closing price on December 29, 2025. The special shareholder meeting is scheduled for May 28, 2026, and the transaction requires approval by a majority of outstanding shares.