FONAR Corp. Holds Annual Meeting, Elects Directors
Ticker: FONR · Form: 8-K · Filed: May 21, 2024 · CIK: 355019
Sentiment: neutral
Topics: corporate-governance, annual-meeting, director-election
TL;DR
FONAR shareholders re-elected the same directors and kept the same auditor.
AI Summary
FONAR Corp. held its annual meeting of stockholders on May 20, 2024, where they voted on the election of two Class II directors, Mr. Raymond F. Masciarelli and Mr. Timothy J. Masciarelli. The company also voted on the ratification of the appointment of their independent registered public accounting firm for the fiscal year ending June 30, 2024.
Why It Matters
This filing confirms the continuation of the current board of directors and the company's auditor, providing stability and clarity for investors regarding corporate governance and financial oversight.
Risk Assessment
Risk Level: low — The filing reports routine corporate governance matters, such as director elections and auditor ratification, which typically carry low risk.
Key Players & Entities
- FONAR Corp. (company) — Registrant
- May 20, 2024 (date) — Date of annual meeting
- Mr. Raymond F. Masciarelli (person) — Elected Class II Director
- Mr. Timothy J. Masciarelli (person) — Elected Class II Director
- June 30, 2024 (date) — Fiscal year end for auditor ratification
FAQ
Who were the Class II directors elected at the May 20, 2024 meeting?
Mr. Raymond F. Masciarelli and Mr. Timothy J. Masciarelli were elected as Class II directors.
What was the purpose of the meeting held on May 20, 2024?
The meeting was the annual meeting of stockholders where matters were submitted to a vote.
What other item was voted on at the annual meeting?
The ratification of the appointment of the independent registered public accounting firm for the fiscal year ending June 30, 2024, was also voted on.
What is FONAR Corp.'s fiscal year end?
FONAR Corp.'s fiscal year ends on June 30.
What is the company's state of incorporation?
FONAR Corp. is incorporated in Delaware.
Filing Stats: 701 words · 3 min read · ~2 pages · Grade level 10.9 · Accepted 2024-05-21 11:36:26
Filing Documents
- fonar_8-k.htm (8-K) — 54KB
- fonar_logo.jpg (GRAPHIC) — 14KB
- 0000355019-24-000030.txt ( ) — 260KB
- fonr-20210927.xsd (EX-101.SCH) — 3KB
- fonr-20210927_lab.xml (EX-101.LAB) — 33KB
- fonr-20210927_pre.xml (EX-101.PRE) — 22KB
- fonar_8-k_htm.xml (XML) — 3KB
SIGNATURES
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: May 21, 2024