Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
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- Peter Lynch
What is insider trading>>
Here is the list of insider trading transaction codes
FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Remarks: On June 3, 2026, certain parties entered into an agreement and plan of merger dated December 23, 2025, by and among Issuer, FONAR, LLC, as Parent and FONAR Acquisition Sub, Inc., as Merger Sub, completed the transactions contemplated thereby, pursuant to which Merger Sub merged with and into Issuer, with Issuer surviving the merger as a wholly owned subsidiary of Parent. At the effective time, each share of the Issuer's common stock, par value $0.0001 per share, outstanding immediately prior to the effective time was cancelled and converted into the right to receive cash in an equal amount equal to $19.00 per share (other than shares owned by Parent, the Company or any of their respective subsidiaries, including securities held as treasury shares, collectively, the Excluded Shares. As of the effective time, the Excluded Shares were cancelled and extinguishes without any conversion thereof or consideration paid therefore. As a result of the merger, the reporting person is no longer subject to the reporting requirements of Section 16(a) of the Securities Exchange Act of 1934, as amended. | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
| * If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.