M&A - JOINT Corp

Form Type: 8-K

Filing Date: 2025-06-27

Corporate Action: Acquisition

Type: New

Accession Number: 000161263025000006

Filing Summary: On June 23, 2025, The Joint Corp. entered into an Asset Purchase Agreement with Joint Ventures, LLC for the sale of assets and franchise rights to 31 company-owned clinics located in Arizona and New Mexico, with a total purchase price of $11.07 million. The transaction, expected to close by June 30, 2025, includes the acquisition of regional developer rights to the Northwest Region, which consists of 46 existing franchised clinics and 30 sites for future development. Additionally, on June 23, 2025, The Joint Corp. completed a separate transaction selling assets and franchise rights to five clinics in Kansas and Missouri to 93 Chiro, LLC, with further announcements of both transactions made via press releases on June 25, 2025.