[8-K] Fonar Corporation Reports Material Event
Fonar Corporation (Nasdaq: FONR) filed a Form 8-K on June 23, 2025 to disclose a governance change under Item 5.02. Claudette J.V. Chan, a member of the Board of Directors and the Company’s Secretary, notified the Company of her intention to retire effective June 19, 2025. The filing explicitly states that Ms. Chan cited no disagreements with the Company’s operations, policies, or practices. No successor appointments, financial updates, or additional corporate actions were included in the report.
President & CEO Timothy R. Damadian signed the filing, confirming compliance with SEC disclosure requirements. Aside from the routine leadership transition, the 8-K contains no material financial data or strategic changes.
La Fonar Corporation (Nasdaq: FONR) ha presentato un Modulo 8-K il 23 giugno 2025 per comunicare un cambiamento nella governance ai sensi della voce 5.02. Claudette J.V. Chan, membro del Consiglio di Amministrazione e Segretaria della Società, ha informato l’azienda della sua intenzione di andare in pensione con effetto dal 19 giugno 2025. Il documento specifica chiaramente che la signora Chan non ha segnalato disaccordi riguardo alle operazioni, politiche o pratiche della Società. Nel rapporto non sono state indicate nomine di successori, aggiornamenti finanziari o altre azioni societarie.
Il Presidente e CEO Timothy R. Damadian ha firmato il documento, confermando la conformità ai requisiti di divulgazione della SEC. A parte la normale transizione della leadership, il modulo 8-K non contiene dati finanziari significativi né cambiamenti strategici.
Fonar Corporation (Nasdaq: FONR) presentó un Formulario 8-K el 23 de junio de 2025 para informar un cambio en la gobernanza bajo el punto 5.02. Claudette J.V. Chan, miembro del Consejo de Administración y Secretaria de la Compañía, notificó a la empresa su intención de retirarse con efecto a partir del 19 de junio de 2025. El informe indica explícitamente que la Sra. Chan no mencionó desacuerdos con las operaciones, políticas o prácticas de la Compañía. No se incluyeron nombramientos de sucesores, actualizaciones financieras ni otras acciones corporativas en el reporte.
El Presidente y CEO Timothy R. Damadian firmó el informe, confirmando el cumplimiento con los requisitos de divulgación de la SEC. Aparte de la transición habitual en el liderazgo, el 8-K no contiene datos financieros relevantes ni cambios estratégicos.
Fonar Corporation (나스닥: FONR)은 2025년 6월 23일 항목 5.02에 따른 거버넌스 변경 사항을 공개하기 위해 Form 8-K를 제출했습니다. 이사회 멤버이자 회사 비서인 Claudette J.V. Chan은 2025년 6월 19일부로 은퇴할 의사를 회사에 통보했습니다. 제출서류에는 Chan 씨가 회사의 운영, 정책 또는 관행에 대해 이견이 없다고 명시되어 있습니다. 후임 임명, 재무 업데이트 또는 추가 기업 조치는 보고서에 포함되지 않았습니다.
사장 겸 CEO인 Timothy R. Damadian이 서명하여 SEC 공시 요건 준수를 확인했습니다. 일반적인 리더십 교체 외에 8-K에는 중요한 재무 데이터나 전략적 변경 사항이 없습니다.
Fonar Corporation (Nasdaq : FONR) a déposé un formulaire 8-K le 23 juin 2025 pour annoncer un changement de gouvernance conformément à l’article 5.02. Claudette J.V. Chan, membre du conseil d’administration et secrétaire de la société, a informé la société de son intention de prendre sa retraite à compter du 19 juin 2025. Le dépôt précise explicitement que Mme Chan n’a exprimé aucun désaccord avec les opérations, politiques ou pratiques de la société. Aucun nom de successeur, mise à jour financière ou autre action d’entreprise n’a été inclus dans le rapport.
Le président-directeur général Timothy R. Damadian a signé le document, confirmant la conformité aux exigences de divulgation de la SEC. Hormis cette transition habituelle de la direction, le 8-K ne contient pas de données financières significatives ni de changements stratégiques.
Die Fonar Corporation (Nasdaq: FONR) reichte am 23. Juni 2025 ein Formular 8-K ein, um eine Änderung in der Unternehmensführung gemäß Punkt 5.02 bekannt zu geben. Claudette J.V. Chan, Mitglied des Vorstands und Unternehmenssekretärin, informierte das Unternehmen über ihre Absicht, zum 19. Juni 2025 in den Ruhestand zu treten. Im Bericht wird ausdrücklich angegeben, dass Frau Chan keine Meinungsverschiedenheiten bezüglich der Geschäftstätigkeiten, Richtlinien oder Praktiken des Unternehmens hatte. Nachfolgebestellungen, finanzielle Aktualisierungen oder weitere Unternehmensmaßnahmen wurden nicht mitgeteilt.
Präsident und CEO Timothy R. Damadian unterzeichnete die Einreichung und bestätigte die Einhaltung der Offenlegungspflichten der SEC. Abgesehen von der routinemäßigen Führungsübergabe enthält das 8-K keine wesentlichen finanziellen Daten oder strategischen Änderungen.
- No disagreements disclosed: Ms. Chan’s retirement letter states she has no issues with company operations, reducing concerns over hidden governance problems.
- Loss of experienced director/secretary: The departure creates an immediate vacancy in both board and corporate secretary roles, requiring a replacement and possible short-term administrative burden.
Insights
TL;DR: Routine director/secretary retirement; no disputes; limited impact on strategy or valuation.
Ms. Chan’s departure is disclosed promptly, satisfying SEC rules and indicating sound governance practices. Because the filing affirms that she had no disagreements with management, investors face minimal concern about underlying issues. The report lacks succession details, but given Fonar’s modest board size, the company has flexibility to appoint a replacement without material disruption. Overall, the event is governance-related but not financially or strategically significant.
La Fonar Corporation (Nasdaq: FONR) ha presentato un Modulo 8-K il 23 giugno 2025 per comunicare un cambiamento nella governance ai sensi della voce 5.02. Claudette J.V. Chan, membro del Consiglio di Amministrazione e Segretaria della Società, ha informato l’azienda della sua intenzione di andare in pensione con effetto dal 19 giugno 2025. Il documento specifica chiaramente che la signora Chan non ha segnalato disaccordi riguardo alle operazioni, politiche o pratiche della Società. Nel rapporto non sono state indicate nomine di successori, aggiornamenti finanziari o altre azioni societarie.
Il Presidente e CEO Timothy R. Damadian ha firmato il documento, confermando la conformità ai requisiti di divulgazione della SEC. A parte la normale transizione della leadership, il modulo 8-K non contiene dati finanziari significativi né cambiamenti strategici.
Fonar Corporation (Nasdaq: FONR) presentó un Formulario 8-K el 23 de junio de 2025 para informar un cambio en la gobernanza bajo el punto 5.02. Claudette J.V. Chan, miembro del Consejo de Administración y Secretaria de la Compañía, notificó a la empresa su intención de retirarse con efecto a partir del 19 de junio de 2025. El informe indica explícitamente que la Sra. Chan no mencionó desacuerdos con las operaciones, políticas o prácticas de la Compañía. No se incluyeron nombramientos de sucesores, actualizaciones financieras ni otras acciones corporativas en el reporte.
El Presidente y CEO Timothy R. Damadian firmó el informe, confirmando el cumplimiento con los requisitos de divulgación de la SEC. Aparte de la transición habitual en el liderazgo, el 8-K no contiene datos financieros relevantes ni cambios estratégicos.
Fonar Corporation (나스닥: FONR)은 2025년 6월 23일 항목 5.02에 따른 거버넌스 변경 사항을 공개하기 위해 Form 8-K를 제출했습니다. 이사회 멤버이자 회사 비서인 Claudette J.V. Chan은 2025년 6월 19일부로 은퇴할 의사를 회사에 통보했습니다. 제출서류에는 Chan 씨가 회사의 운영, 정책 또는 관행에 대해 이견이 없다고 명시되어 있습니다. 후임 임명, 재무 업데이트 또는 추가 기업 조치는 보고서에 포함되지 않았습니다.
사장 겸 CEO인 Timothy R. Damadian이 서명하여 SEC 공시 요건 준수를 확인했습니다. 일반적인 리더십 교체 외에 8-K에는 중요한 재무 데이터나 전략적 변경 사항이 없습니다.
Fonar Corporation (Nasdaq : FONR) a déposé un formulaire 8-K le 23 juin 2025 pour annoncer un changement de gouvernance conformément à l’article 5.02. Claudette J.V. Chan, membre du conseil d’administration et secrétaire de la société, a informé la société de son intention de prendre sa retraite à compter du 19 juin 2025. Le dépôt précise explicitement que Mme Chan n’a exprimé aucun désaccord avec les opérations, politiques ou pratiques de la société. Aucun nom de successeur, mise à jour financière ou autre action d’entreprise n’a été inclus dans le rapport.
Le président-directeur général Timothy R. Damadian a signé le document, confirmant la conformité aux exigences de divulgation de la SEC. Hormis cette transition habituelle de la direction, le 8-K ne contient pas de données financières significatives ni de changements stratégiques.
Die Fonar Corporation (Nasdaq: FONR) reichte am 23. Juni 2025 ein Formular 8-K ein, um eine Änderung in der Unternehmensführung gemäß Punkt 5.02 bekannt zu geben. Claudette J.V. Chan, Mitglied des Vorstands und Unternehmenssekretärin, informierte das Unternehmen über ihre Absicht, zum 19. Juni 2025 in den Ruhestand zu treten. Im Bericht wird ausdrücklich angegeben, dass Frau Chan keine Meinungsverschiedenheiten bezüglich der Geschäftstätigkeiten, Richtlinien oder Praktiken des Unternehmens hatte. Nachfolgebestellungen, finanzielle Aktualisierungen oder weitere Unternehmensmaßnahmen wurden nicht mitgeteilt.
Präsident und CEO Timothy R. Damadian unterzeichnete die Einreichung und bestätigte die Einhaltung der Offenlegungspflichten der SEC. Abgesehen von der routinemäßigen Führungsübergabe enthält das 8-K keine wesentlichen finanziellen Daten oder strategischen Änderungen.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Act of 1934
Date
of Report (Date of earliest event reported):
______________________________________________________
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||
( | ||||
| (Address, including zip code, and telephone number of registrant's principal executive office) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Securities registered pursuant to Section 12(b) of the Act.
| Title of each class | Trading symbol(s) | Name of each exchange on which registered | ||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). ☐
Emerging
growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02(d). Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers
On June 18, 2025, Claudette J.V. Chan, a member of the Board of Directors and the Secretary of FONAR Corporation (the “Company”), notified the Company of her intention to retire from the Company's Board of Directors, and to retire as Secretary of the Company, effective June 19, 2025. Ms. Chan did not advise the Company of any disagreement with the Company on any matter relating to its operations, policies or practices.
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
FONAR CORPORATION
(Registrant)
-------------------------------------------
By /s/ Timothy R. Damadian
Timothy R. Damadian
President and CEO
Dated: June 23, 2025
FAQ
When did FONR director Claudette J.V. Chan retire?
Did Ms. Chan cite any disagreements with Fonar Corporation?
Which SEC form did Fonar file for this event?
What positions did Claudette Chan hold at FONR?
Who signed the Form 8-K for Fonar Corporation?
