SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Act of 1934

 

Date of Report (Date of earliest event reported): June 11, 2018

 

		FONAR CORPORATION
		(Exact name of registrant as specified in its charter)
DELAWARE		0-10248		11-2464137
(State or other jurisdiction of Incorporation or organization)		(Commission File Number)		(I.R.S. Employer Identification No.)
		110 Marcus Drive  Melville, New York 11747 (631) 694-2929
		(Address, including zip code, and telephone number of registrant's principal executive office)

 

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

Item 5.07 Submission of Matters to a Vote of Security Holders

 

The Annual Meeting of Stockholders of Fonar Corporation (the "Company") was held at 10:00 a.m. on June 11, 2018 at the Double Tree Hotel, Wilmington Downtown, 700 King Street, Wilmington, Delaware 19801. At the meeting, the items of business were (1) to elect five Directors to the Board of Directors, (2) to approve, on an advisory basis, the compensation of the Company’s named executive officers, (3) to ratify the selection of Marcum LLP as the Company's auditors for the fiscal year ending June 30, 2018, and (4) to transact such other business as may properly come before the meeting.

 

The stockholders elected Raymond V. Damadian, M.D., Claudette J. V. Chan, Robert J. Janoff, Charles N. O'Data and Ronald G. Lehman, all of whom were sitting directors, as the directors of the Company. The stockholders also approved the compensation of the named executive officers, and ratified the selection of Marcum LLP as the Company’s auditors for the fiscal year ending June 30, 2018.

 

 

 

The votes for each of the nominees for director were as follows:

 

Nominee		For				Withheld				Broker Non-Votes
Raymond V. Damadian			10,739,067				2,081,864				1,975,649
Claudette J.V. Chan			11,080,567				1,740,364				1,975,649
Robert J. Janoff			12,536,017				284,914				1,975,649
Charles N. O'Data			12,539,409				281,522				1,975,649
Ronald G. Lehman			12,730,374				90,557				1,975,649

 

The votes to approve, on an advisory basis, executive compensation were as follows:

 

For				Against				Abstain				Broker Non-Votes
	12,645,307				162,348				13,276				1,975,649

 

The votes for the ratification of Marcum LLP as the Company's auditors for the fiscal year ending June 30, 2018 were as follows:

 

For				Against				Abstain				Broker Non-Votes
	14,634,892				142,985				18,703				0

 

The votes for the authorization to vote, in their discretion, upon such other business as may properly come before the meeting.

 

For				Against				Abstain				Broker Non-Votes
	10,186,458				2,558,469				76,004				1,975,649

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

	FONAR CORPORATION
	(Registrant)
	By: /s/ Raymond V. Damadian
	Raymond Damadian
	Chairman of the Board
	By: /s/ Timothy R. Damadian
	Timothy R. Damadian
	President and Principal Executive Officer
Dated: June 12, 2018