The Joint sells 31 clinics for $11.07M, acquires NW region rights, refranchises 5 clinics

JOINT Corp

Sale of 31 corporate clinics to Joint Ventures, LLC for $11.07M; buyer to own 96 clinics total.
The Joint acquires regional developer rights for Northwest Region (46 existing+30 future sites).
Refranchised 5 Kansas City clinics to Chiro 93, LLC led by Dr. Clint Morrow.
Transaction expected to close on or before June 30, 2025; company to reduce RD commissions.
Company says deal improves profitability, tracks to become largest pure-play chiropractic franchise.

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