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 zohm [@zohmbastic](/creator/twitter/zohmbastic) on x 7874 followers
Created: 2025-07-18 20:16:21 UTC
$FONR
The Special Committee of the Board of Directors of FONAR Corporation (NASDAQ: FONR) ("FONAR"), The Inventor of MR Scanning™, today confirmed receipt of a supplemental proposal letter, dated July 17, 2025, from the Proposed Acquisition Group led by Timothy Damadian. The supplemental letter states that the Proposed Acquisition Group is contemplating the pursuit of a plan to acquire all of the outstanding shares capital stock of FONAR not currently owned by the Proposed Acquisition Group, at a price of $XXXXX per share in cash. The letter states that the proposed share price represents a premium of approximately XX% over the average closing price of the Common Stock for the XX trading day trading period ending on June 30, 2025. A copy of the Proposed Acquisition Group's supplemental letter is attached as an exhibit to the Group's Amended Schedule 13D/A No.1, which is available for review by the public on the Securities and Exchange Commission's website.
XXXXX engagements
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[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
zohm @zohmbastic on x 7874 followers
Created: 2025-07-18 20:16:21 UTC
$FONR The Special Committee of the Board of Directors of FONAR Corporation (NASDAQ: FONR) ("FONAR"), The Inventor of MR Scanning™, today confirmed receipt of a supplemental proposal letter, dated July 17, 2025, from the Proposed Acquisition Group led by Timothy Damadian. The supplemental letter states that the Proposed Acquisition Group is contemplating the pursuit of a plan to acquire all of the outstanding shares capital stock of FONAR not currently owned by the Proposed Acquisition Group, at a price of $XXXXX per share in cash. The letter states that the proposed share price represents a premium of approximately XX% over the average closing price of the Common Stock for the XX trading day trading period ending on June 30, 2025. A copy of the Proposed Acquisition Group's supplemental letter is attached as an exhibit to the Group's Amended Schedule 13D/A No.1, which is available for review by the public on the Securities and Exchange Commission's website.
XXXXX engagements
Related Topics acquisition nasdaq $fonr