Fonar Corp Sets May 19 Annual Meeting
Ticker: FONR · Form: DEF 14A · Filed: Apr 7, 2025 · CIK: 355019
Sentiment: neutral
Topics: proxy-statement, annual-meeting, governance
TL;DR
Fonar's annual meeting is May 19th - vote on directors, exec pay, and auditors.
AI Summary
Fonar Corporation has scheduled its Annual Meeting of Stockholders for May 19, 2025, at the Hilton Long Island Huntington Hotel. Key agenda items include the election of five Directors, an advisory vote on executive compensation, and the ratification of CohnReznick LLP as auditors for the fiscal year ending June 30, 2025. Stockholders of record as of March 24, 2025, are eligible to vote.
Why It Matters
This filing outlines the key decisions shareholders will vote on, including director elections and executive compensation, which directly impact the company's governance and future direction.
Risk Assessment
Risk Level: low — This is a routine annual proxy filing detailing meeting logistics and standard voting items.
Key Numbers
- 5 — Directors to be Elected (Shareholders will vote on the composition of the Board of Directors.)
Key Players & Entities
- FONAR CORP (company) — Filer
- May 19, 2025 (date) — Annual Meeting Date
- CohnReznick LLP (company) — Proposed Auditor
- March 24, 2025 (date) — Record Date for Voting
- June 30, 2025 (date) — Fiscal Year End
FAQ
When and where will Fonar Corporation's Annual Meeting of Stockholders take place?
The Annual Meeting will be held on Monday, May 19, 2025, at 10:00 a.m. local time at the Hilton Long Island Huntington Hotel, 598 Broadhollow Road, Melville, New York 11747.
What are the primary purposes of the Annual Meeting?
The purposes include electing five Directors, approving executive compensation on an advisory basis, ratifying the selection of CohnReznick LLP as auditors, and transacting other business.
Who is eligible to vote at the Annual Meeting?
Stockholders of record at the close of business on March 24, 2025, are entitled to notice of and to vote at the meeting.
Who has been proposed as Fonar Corporation's auditor for the upcoming fiscal year?
CohnReznick LLP has been proposed for ratification as the Company's auditors for the fiscal year ending June 30, 2025.
What is the fiscal year end for Fonar Corporation?
Fonar Corporation's fiscal year ends on June 30.
Filing Details
This Form DEF 14A (Form DEF 14A) was filed with the SEC on April 7, 2025 regarding FONAR CORP (FONR).