---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-234914"
form_type: "8-K"
ticker: "FONR"
cik: "0000355019"
company_name: "FONAR CORP"
filed_at: "2026-05-21T21:24:49+00:00"
generated_at: "2026-05-21T21:37:29.541217+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Fonar discloses supplemental proxy details after shareholder litigation; vote May 28

## Summary
- Voluntarily supplements proxy statement to address shareholder allegations of inadequate disclosure in going-private merger with CEO Timothy Damadian.
- Supplement includes additional background on Special Committee process and financial projections used in fairness opinion.
- Adjusted book value liquidation scenario yields fair value of $14.63/share with 6.64M fully diluted shares.
- Special meeting to vote on merger scheduled for May 28, 2026; Fonar denies allegations and says original disclosures comply with law.
- Disclosures cover no-don't-ask-don't-waive standstill provisions and minority interest adjustment of 29.37%.

## SEC filing metadata
- accession: 0001193125-26-234914
- form_type: 8-K
- ticker: FONR
- cik: 0000355019
- company_name: FONAR CORP
- filed_at: 2026-05-21T21:24:49+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/355019/000119312526234914/0001193125-26-234914-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/355019/000119312526234914/d53330d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-234914
- JSON: https://secwatch.observer/filing/0001193125-26-234914.json
- Plain text: https://secwatch.observer/filing/0001193125-26-234914.txt

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