---
schema_version: "secwatch.filing_event.v1"
accession: "0000355019-25-000044"
form_type: "8-K/A"
ticker: "FONR"
cik: "0000355019"
company_name: "FONAR CORP"
filed_at: "2025-07-10T23:59:59+00:00"
generated_at: "2026-05-18T08:49:02.431523+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

## Summary
- Premium >=10% over 90-day avg closing price ending July 1, 2025; group owns 5.01% currently.
- Board formed special committee of independent directors to review; no definitive agreement or assurance of deal.
- Proposal led by CEO Timothy Damadian; includes certain management, board members, and third parties.
- No shareholder action required now; company says proposal is preliminary and non-binding.

## SEC filing metadata
- accession: 0000355019-25-000044
- form_type: 8-K/A
- ticker: FONR
- cik: 0000355019
- company_name: FONAR CORP
- filed_at: 2025-07-10T23:59:59+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/355019/000035501925000044/0000355019-25-000044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/355019/000035501925000044/fonar_8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000355019-25-000044
- JSON: https://secwatch.observer/filing/0000355019-25-000044.json
- Plain text: https://secwatch.observer/filing/0000355019-25-000044.txt

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