FONAR (FONR) AGM 2026 summary
Event summary combining transcript, slides, and related documents.
AGM 2026 summary
28 May, 2026Opening remarks and agenda
The meeting was called to order by the General Counsel and Acting Corporate Secretary, who also served as chairman.
The meeting was conducted virtually, allowing stockholders to participate and submit questions online.
The agenda included two proposals: approval of a merger agreement and a potential adjournment to solicit more proxies.
Shareholder proposals
Stockholders were asked to consider and vote on the merger of FONAR Acquisition Sub, Inc. with and into the company, making it a wholly owned subsidiary.
A secondary proposal to adjourn the meeting for additional proxy solicitation was included but not needed.
Overview of voting outcomes
A quorum was established with sufficient shares present to proceed.
The merger proposal received the requisite number of votes and was approved.
The adjournment proposal was not presented since the merger was approved.
The final vote tally will be disclosed in public filings.
Latest events from FONAR
- Stockholders will vote on a CEO-led merger, with enhanced disclosures and independent oversight.FONR
Proxy filing21 May 2026 - Shareholders to vote on CEO-led going private merger as Q3 net income and revenues decline.FONR
Proxy filing12 May 2026 - Earnings fell as costs rose, scan volumes hit records, and a pending merger adds risk.FONR
Q3 202612 May 2026 - Proxy covers director elections, say-on-pay, auditor ratification, and a potential going-private deal.FONR
Proxy filing5 May 2026 - Shareholders will vote on a going-private merger at a premium, with independent review and appraisal rights.FONR
Proxy filing16 Apr 2026 - Independent directors secured a premium cash buyout in a going-private merger led by insiders.FONR
Proxy filing23 Mar 2026 - Independent directors secured a cash buyout at a premium, pending key stockholder approvals.FONR
Proxy Filing26 Feb 2026 - Six-month net income fell 16%, but quarterly net income rose 15%; merger at $19/share signed.FONR
Q2 202617 Feb 2026 - Definitive merger agreement signed for $19.00/share; quarterly net income up 15% year-over-year.FONR
Proxy Filing17 Feb 2026