FONAR CORP - 8-K Filing
FONAR CORP completed a merger with FONAR, LLC on June 3, 2026, converting outstanding shares into cash consideration ranging from $6.34 to $19.00 per share and becoming a wholly-owned subsidiary of the parent company. The company secured a credit facility totaling up to $35 million ($20 million term loan + $15 million revolver) with OceanFirst Bank and notified Nasdaq of its intent to delist common stock. (Items: 1.01 Entry into a Material Definitive Agreement, 2.01 Completion of Acquisition or Disposition of Assets, 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant, 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing)
Tickers: $FONR