---
schema_version: "secwatch.filing_event.v1"
accession: "0000355019-25-000042"
form_type: "8-K"
ticker: "FONR"
cik: "0000355019"
company_name: "FONAR CORP"
filed_at: "2025-07-09T23:59:59+00:00"
generated_at: "2026-05-18T08:59:02.257391+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# FONAR receives non-binding take-private proposal from CEO-led group at ≥10% premium to 90-day avg

## Summary
- CEO Timothy Damadian leads Proposed Acquisition Group to acquire all outstanding shares not currently owned at ≥10% premium to 90-day average closing price prior to July 1, 2025.
- Group currently beneficially owns approximately 5.01% of FONAR outstanding stock.
- Board forms special committee of independent disinterested directors to review the proposal and determine action in best interests of Company and shareholders.
- No shareholder action required at this time; no assurance that any definitive agreement will be reached or transaction consummated.

## SEC filing metadata
- accession: 0000355019-25-000042
- form_type: 8-K
- ticker: FONR
- cik: 0000355019
- company_name: FONAR CORP
- filed_at: 2025-07-09T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/355019/000035501925000042/0000355019-25-000042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/355019/000035501925000042/fonar_8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000355019-25-000042
- JSON: https://secwatch.observer/filing/0000355019-25-000042.json
- Plain text: https://secwatch.observer/filing/0000355019-25-000042.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.