The Joint Corp. (NASDAQ: JYNT) (the “Company”), the nation’s largest franchisor of chiropractic care through The Joint Chiropractic® network, announces that it has signed an Asset Purchase Agreement (APA) effective on April 20, 2026, for the sale of 45 corporate managed clinics in Southern California to Elite Chiro Group for approximately $2.3 million. Pursuant to the APA, Elite Chiro Group will assume business operations of 32 of those clinics today, April 27, 2026, through a Management Service Agreement until lease assignments are completed to permit the clinics’ ownership transfer, and will assume ownership of the remaining 13 corporate-managed clinics.
Read the full article: The Joint Corp. Signs Asset Purchase Agreement to Sell 45 Corporate-Owned Clinics in Southern California //
Source: https://www.globenewswire.com/news-release/2026/04/27/3282013/32957/en/the-joint-corp-signs-asset-purchase-agreement-to-sell-45-corporate-owned-clinics-in-southern-california.html?_gl=1*hm5u7k*_up*MQ..*_ga*MTg3NTkzMjA2OS4xNzc3MzI0NzE0*_ga_B6167QB2TF*czE3NzczMjQ3MTQkbzEkZzAkdDE3NzczMjQ3MTQkajYwJGwwJGgw*_ga_ERWPGTJ5X8*czE3NzczMjQ3MTQkbzEkZzAkdDE3NzczMjQ3MTQkajYwJGwwJGgw