• $117.8M
    Market Cap
  • 31.47%
    1-Year Change
  • N/A
    Industry

Key Performance

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  • Earnings Score: N/A
  • Momentum Score: 57
  • True Yield: N/A
  • Financial Health Score: N/A
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Latest Research & News

Halper Sadeh LLC is Investigating Whether BTBD, KORE, FONR are Obtaining Fair Deals for their Shareholders

Halper Sadeh LLC, an investor rights law firm, is investigating three companies for potential securities law violations and breaches of fiduciary duties. BT Brands is merging with Aero Velocity with shareholders receiving ~11% of the combined entity. KORE is being sold to Searchlight Capital Partners and Abry Partners for $9.25/share. FONAR is being sold to affiliates of CEO Timothy Damician and executives for $19.00/share (Class B) and $6.34/share (Class C). The firm is seeking increased consideration and additional disclosures on behalf of shareholders.

04/15/2026, 1:54 PM • GlobeNewswire

Halper Sadeh LLC is Investigating Whether SEM, FONR, NWE are Obtaining Fair Deals for their Shareholders

Halper Sadeh LLC, an investor rights law firm, is investigating Select Medical Holdings Corporation, FONAR Corporation, and NorthWestern Energy Group for potential violations of federal securities laws and breaches of fiduciary duties. The firm is examining whether shareholders are receiving fair consideration in proposed transactions involving company insiders and executives.

03/20/2026, 2:45 PM • GlobeNewswire

Halper Sadeh LLC is Investigating Whether DAWN, SEM, EWCZ, FONR are Obtaining Fair Deals for their Shareholders

Investor rights law firm Halper Sadeh LLC is investigating four companies for potential securities law violations and breaches of fiduciary duties related to their proposed sales. The investigations focus on whether insiders are receiving preferential financial benefits and whether transaction terms may limit competing offers for Day One Biopharmaceuticals, Select Medical Holdings, European Wax Center, and FONAR Corporation.

03/12/2026, 3:49 PM • GlobeNewswire

Halper Sadeh LLC is Investigating Whether NATL, KORE, FONR are Obtaining Fair Deals for their Shareholders

Halper Sadeh LLC, an investor rights law firm, is investigating three companies for potential securities law violations and breaches of fiduciary duties. NCR Atleos Corporation is being acquired by The Brink's Company for $30.00 cash plus stock; KORE Group Holdings is being sold to Searchlight Capital Partners and Abry Partners for $9.25 per share; and FONAR Corporation is being sold to affiliates of its CEO and executives for $19.00-$6.34 per share depending on share class. The firm is seeking increased consideration and additional disclosures on behalf of shareholders.

03/04/2026, 2:59 PM • GlobeNewswire

BARK INVESTIGATION ALERT: Kaskela Law Firm is Investigating BARK, Inc. (NYSE: BARK) and Encourages BARK Stockholders to Contact the Firm

Kaskela Law LLC has initiated investigations into three companies on behalf of shareholders. BARK, Inc. has experienced a 60% stock price decline since February 2025, prompting an investigation into potential securities law violations and breach of fiduciary duties. The firm is also investigating Marblegate Capital Corp. and a proposed buyout of FONAR Corp. shareholders.

02/13/2026, 8:00 AM • GlobeNewswire

Halper Sadeh LLC Reminds Shareholders of RAPT, PEN, CVGW, FONR of the Firm’s Investigations

Investor rights law firm Halper Sadeh LLC is investigating four companies for potential federal securities law violations and breaches of fiduciary duties related to their merger or acquisition transactions. The firm is seeking increased consideration for shareholders and additional disclosures regarding the proposed deals.

02/02/2026, 5:49 PM • GlobeNewswire

Halper Sadeh LLC Encourages FONR, OCFC, FFIC Shareholders to Contact the Firm to Discuss Their Rights

Halper Sadeh LLC, an investor rights law firm, is investigating FONAR Corporation, OceanFirst Financial Corp., and Flushing Financial Corp. for potential violations of federal securities laws and breaches of fiduciary duties. The investigations concern FONAR's sale to CEO affiliates, OceanFirst's merger with Flushing Financial, and Flushing's acquisition terms. The firm is seeking increased consideration for shareholders and additional disclosures on a contingent fee basis.

01/17/2026, 12:49 PM • GlobeNewswire

$HAREHOLDER ALERT: The M&A Class Action Firm Is Investigating the Merger—DVAX, FONR, DBRG, and ONTF

Class action law firm Monteverde & Associates PC is investigating four merger and acquisition transactions: Dynavax Technologies' sale to Sanofi ($15.50/share), FONAR Corporation's sale to affiliates of its CEO ($19.00-$6.34/share), DigitalBridge Group's sale to SoftBank ($16.00/share), and ON24's sale to Cvent Atlanta ($8.10/share). The firm is seeking shareholders to determine if the proposed deal terms are fair.

01/06/2026, 12:56 PM • GlobeNewswire

Fonar Confirms Take-Private Deal, Stock Soars

Fonar Corporation announced a definitive merger agreement to be taken private by a group led by CEO Timothy Damadian at $19.00 per share in cash, representing a 31.5% premium over the last close. The transaction is expected to close in Q3 2026 and will result in delisting from Nasdaq. Fonar shares surged 25.51% in premarket trading on the news.

12/30/2025, 7:49 AM • Benzinga

Stock Market Today: S&P 500, Dow Jones Futures Trade Mixed Amid Blip In Santa Claus Rally—Boeing, Freeport-McMoRan, Fonar In Focus

U.S. stock futures traded mixed on Tuesday as the Santa Claus rally resumed after Monday's declines. Major indices showed minimal movement with the S&P 500 and Nasdaq 100 slightly lower in premarket trading. Key movers included Fonar Corp surging 24.49% on a take-private deal announcement, TEN Holdings jumping 16.31% on a private placement, Boeing rising 0.58% following an $8.6 billion Pentagon contract, and Freeport-McMoRan gaining 1.36% as copper prices hit record highs. The Fed is expected to hold rates steady in January with 83.9% probability.

12/30/2025, 5:21 AM • Benzinga

Peers

Statistics

More
Day Range
$19.08
$19.16
$19.09
1-Year Range
$14.03
$19.11
$19.09
Latest Close$19.09
Change
-$0.02 (-0.10%)
Volume958,233
Market Cap$117.8M
Shares Outstanding6.2M
P/E (TTM)7.71
Diluted EPS (TTM)$2.48
Enterprise Value$64.7M

Information as of 06/02/2026

Company Profile

$117.8M
Market Cap
$7.6M
Net Income
Sector: N/A
Industry: N/A
110 Marcus Drive, Melville, NY, United States, 11747
631 694 2929

FONAR Corporation, together with its subsidiaries, engages in the designing, manufacturing, selling, and servicing of magnetic resonance imaging (MRI) scanners for the detection and diagnosis of human diseases, abnormalities, other medical conditions, and injuries in the United States. It operates in two segments: Medical Equipment, and Physician Management and Diagnostic Services. The company offers an Upright MRI scanner, which allows patients to be scanned in weight-bearing conditions, such as standing, sitting, bending, or lying down. It also provides non-medical management, including administrative services, billing and collection services, credentialing services, contract negotiations, compliance consulting, purchasing IT services, hiring, conducting interviews, training, supervision and management of non-medical personnel, storage of medical records, office space, equipment, repair maintenance services, accounting, assistance with legal and regulatory matters, and development and implementation of practice growth and marketing strategies. In addition, the company owns and operates diagnostic imaging facilities. The company markets its scanners to private diagnostic imaging centers and hospital outpatient imaging facilities. FONAR Corporation was founded in 1978 and is based in Melville, New York.

Key Executives

  • Luciano Bonanni
  • John Collins
  • Timothy R. Damadian
  • Daniel Culver

Current Ownership Distribution

  • Institutions29.6M (72.89%)
  • Mutual Funds10.5M (25.77%)
  • Insiders546,291 (1.34%)
  • Other0 (0.00%)