The Joint Corp. Signs Binding Agreement to Sell 31 Corporate Clinics in Arizona and New Mexico

The Joint Corp. (NASDAQ: JYNT), the nation’s largest franchisor of chiropractic care through The Joint Chiropractic® network, has signed a binding Asset Purchase Agreement (APA) for the sale of 31 corporate owned and managed clinics in Arizona and New Mexico to Joint Ventures, LLC in exchange for cash and the regional developer (RD) territory rights of the Northwest region. The sale is expected to close on or before June 30, 2025. In addition, the company refranchised five clinics to Chiro 93, LLC in the Kansas City region.

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Source: https://www.globenewswire.com/news-release/2025/06/25/3104959/32957/en/The-Joint-Corp-Signs-Binding-Agreement-to-Sell-31-Corporate-Clinics-in-Arizona-and-New-Mexico-and-to-Acquire-Regional-Developer-Rights-in-the-Northwest-Region-and-Refranchises-Five.html

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