# EDGAR Filing Document

**Accession Number:** 0001949366
**File Stem:** 0001731122-25-000961
**Filing Date:** 2025-7
**Character Count:** 43740
**Document Hash:** e334019816af3ebf4ddb78fad74c646a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001731122-25-000961.hdr.sgml**: 20250711

**ACCESSION NUMBER**: 0001731122-25-000961

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20250711

**DATE AS OF CHANGE**: 20250711

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FONAR CORP
- **CENTRAL INDEX KEY:** 0000355019
- **STANDARD INDUSTRIAL CLASSIFICATION:** ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845]
- **ORGANIZATION NAME:** 08 Industrial Applications and Services
- **EIN:** 112464137
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-33323
- **FILM NUMBER:** 251119218

**BUSINESS ADDRESS:**
- **STREET 1:** 110 MARCUS DR
- **CITY:** MELVILLE
- **STATE:** NY
- **ZIP:** 11747
- **BUSINESS PHONE:** 6316942929

**MAIL ADDRESS:**
- **STREET 1:** 110 MARCUS DRIVE
- **CITY:** MELVILLE
- **STATE:** NY
- **ZIP:** 11747
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Damadian Timothy Raymond
- **CENTRAL INDEX KEY:** 0001949366

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D

**MAIL ADDRESS:**
- **STREET 1:** 110 MARCUS DR.
- **CITY:** MELVILLE
- **STATE:** NY
- **ZIP:** 11747

## Ex-1

**EXHIBIT 1**

**JOINT FILING AGREEMENT**

Pursuant to Rule 13d-1(k)(1) promulgated under the Securities Exchange Act of 1934, as amended, each of the undersigned acknowledges and agrees that the foregoing statement on Schedule 13D is filed on behalf of the undersigned with respect to their shares of common stock, par value $0.0001 per share, of FONAR Corporation, a Delaware corporation, and that all subsequent amendments to this statement on Schedule 13D shall be filed on behalf of the undersigned without the necessity of filing additional joint acquisition statements. Each of the undersigned acknowledges that each party hereto shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning such party contained therein, but shall not be responsible for the completeness and accuracy of the information concerning any other party, except to the extent that such party knows or has reason to believe that such information is inaccurate.

Dated: July 11, 2025

---

| | | |
|:---|:---|:---|
| */s/ Timothy Damadian* | | */s/ Luciano Bonanni* |
| Timothy Raymond Damadian |  | Timothy Raymond Damadian |
| */s/ Ronald Lehman* | | */s/ Richard Feigenbaum* |
| Ronald George Lehman II |  | Richard Alan Feigenbaum |
| */s/ Xavier Rodrigo* | | */s/ Jevan Damadian* |
| Xavier Patrick Rodrigo |  | Jevan Damadian |
| */s/ James Joseph Flanagan* | | */s/ Kurt Reimann* |
| James Joseph Flanagan |  | Kurt William Reimann |
| */s/ Janice Veroline* | | */s/ James Persoons* |
| Janice Veroline |  | James Persoons |

---

## Ex-2

**EXHIBIT 2**

**TIM DAMADIAN**

**110 Marcus Drive**

**Melville, New York 11747-4292**

July 7, 2025

**VIA EMAIL AND FIRST CLASS MAIL**

Board of Directors

FONAR Corporation

110 Marcus Drive

Melville, New York 11747-4292

Ronald.Lehman@gmail.com

Ricky.Turk@gmail.com

Jessicajmaher4@gmail.com

RCarrino254@gmail.com

Dear Sirs and Madams:

I wish to inform you that I, along with certain other members of the management team and Board of Directors of FONAR Corporation ("**FONAR**") and third parties (collectively, the "**Proposed Acquisition Group**"), are contemplating the pursuit of a plan to acquire all of the outstanding shares of capital stock of FONAR not owned by members of the Proposed Acquisition Group in a "going private" transaction ("**Acquisition Transaction**"). The Proposed Acquisition Group is submitting to the Board of Directors of FONAR this preliminary, non-binding proposal to acquire all of the outstanding capital stock of FONAR (the "**FONAR Stock**") not currently owned by the Proposed Acquisition Group.

The Proposed Acquisition Group currently beneficially owns approximately 5.01% of the outstanding FONAR Stock.<sup>[1]</sup> The current members of the Proposed Acquisition Group currently include myself, Luciano B. Bonanni, Ronald G. Lehman, Richard Feigenbaum, Xavier Rodrigo, Jevan Damadian, Jim Flanagan, Kurt Reimann, Janice Veroline, and James Persoons. We expect that the members of the Proposed Acquisition Group will be expanded as we solidify our offer and our financing.

The Acquisition Group believes that an Acquisition Transaction, at a price per share to be negotiated, will provide a very attractive opportunity to FONAR's public shareholders to cash out of their investment in FONAR Stock. We anticipate that the per share price for the FONAR Stock held by the public stockholders would be at a premium of no less than 10% to the average closing market price of FONAR's common stock for the 90 trading days immediately preceding July 1, 2025, such immediately preceding day being the last day of FONAR's 2024-2025 fiscal year.

---

| | |
|:---|:---|
| <sup>[1]</sup> | For purposes of this proposal letter, references to the Proposed Group's ownership of FONAR Stock include the currently issued and outstanding shares of FONAR's common stock, and FONAR's Class A non-voting preferred stock, Class B convertible common stock, and Class C common stock on an as-converted basis. |

---

---

| |
|:---|
| TIMOTHY R. DAMADIAN |
| Board of Directors |
| FONAR Corporation |
| July 7, 2025 |
| Page - 2 - |

---

Certain of the terms and conditions upon which the Proposed Acquisition Group is prepared to pursue the Acquisition Transaction are set forth below. The Acquisition Group is confident in its ability to consummate the Acquisition Transaction as outlined in this letter.

1. <u>Acquiror</u>. It is anticipated that the Proposed Acquisition Group will use a special purpose vehicle, likely, a Delaware limited liability company (the "**Acquisition Vehicle**"), for the purpose of pursuing the Acquisition Transaction.

2. <u>Structure of the Acquisition Transaction; Merger Consideration</u>. The structure of the Acquisition Transaction is expected to be a merger (the "**Merger**") of a wholly owned subsidiary of Acquisition Vehicle, currently contemplated to be a Delaware corporation ("**Merger Sub**"), with and into FONAR, with FONAR surviving the merger. In this letter we refer to Acquisition Vehicle, Merger Sub and FONAR, collectively, as the **"Transaction Parties**."

As contemplated, preceding the Merger, the members of the Proposed Acquisition Group will contribute all of their respective holdings of FONAR Stock ("**Proposed Acquisition Group's FONAR Stock**") to Acquisition Vehicle. As further contemplated, upon consummation of the Merger, all of the Proposed Acquisition Group's FONAR Stock will be cancelled and all other shares of FONAR Stock then issued and outstanding and held by persons and entities other than the those held directly or indirectly by the Proposed Acquisition Group (the "**Public Shares**") will be converted into a right to receive the per share merger consideration as determined in our negotiations, payable in cash upon consummation of the Merger. Acquisition Vehicle's 100% ownership of Merger Sub immediately prior to the effectiveness of the Merger will, as a result of the Merger, automatically convert into a 100% equity ownership by Acquisition Vehicle of the post-Merger FONAR.

While it is anticipated that the FONAR Stock held by the members of the Proposed Acquisition Group (or Acquisition Vehicle) will be voted in favor of the approval of the merger agreement for the Acquisition Transaction, it is contemplated that the merger agreement will require for its approval that a majority of the FONAR Stock held by all FONAR stockholders other than the Proposed Acquisition Group (and Acquisition Vehicle, if any) be voted for approval of the merger agreement, commonly referred to as a "majority of the minority" vote.

3. <u>Financing</u>. The Proposed Acquisition Group intends to finance the Acquisition with a combination of equity investments and debt financing, as well as FONAR's available cash. The Proposed Acquisition Group is confident that it can timely secure adequate debt financing and additional equity capital to consummate the Acquisition Transaction, and we expect the Acquisition Transaction would not be subject to any financing condition at the time the merger agreement is executed.

---

| |
|:---|
| TIMOTHY R. DAMADIAN |
| Board of Directors |
| FONAR Corporation |
| July 7, 2025 |
| Page -3 - |

---

4. <u>Due Diligence</u>. While certain members of the Proposed Acquisition Group are executive officers and/or directors of FONAR and, accordingly, are familiar with FONAR and have access to FONAR's books and records, other members of the Proposed Acquisition Group, including third parties who may, in the future, become members of the Proposed Acquisition Group, as well as our financing partners, will need to conduct their own due diligence, which would require reviewing the books and records of FONAR and have access to FONAR's management to make appropriate due diligence inquiries. Accordingly, the members and potential members of the Proposed Acquisition Group will require access to FONAR's books, records, and management personnel, subject their individual execution of an appropriate confidentiality, non-disclosure, and non-use agreement with FONAR. The members of the Acquisition Group with current access to FONAR's books and records, including myself, and the other senior management and directors of FONAR, are cognizant of their fiduciary duties and statutory obligations regarding disclosure of non-public information concerning FONAR and will abide by their respective duties and obligations.

5. <u>Definitive Agreements</u>. The Proposed Acquisition Group is prepared to negotiate and finalize a definitive merger agreement and related agreements typical for transactions similar in nature to the Acquisition Transaction (collectively, the "**Definitive Agreements**") concurrently with the aforementioned due diligence reviews. The proposed Acquisition Transaction is subject to execution of the applicable Definitive Agreements.

6. <u>Confidentiality</u>. The Proposed Acquisition Group will, as required by applicable law and SEC regulations, promptly file a Schedule 13D to disclose their current intention to investigate proceeding with the proposed Acquisition Transaction, and material actions taken in furtherance thereof. The Proposed Acquisition Group is sure you will agree with them that it is in all of the Parties' interests to ensure that negotiations between the Transaction Parties proceed in a confidential manner, unless otherwise required by law, until the Parties have agreed upon a definitive plan for the Merger and related matters and executed the Definitive Agreements, or terminated our discussions.

7. <u>Process</u>. The Proposed Acquisition Group believes that the Acquisition Transaction will provide superior value to FONAR's shareholders. The Proposed Acquisition Group recognizes, of course, that you, the FONAR Board of Directors (the "**Board**") will evaluate the proposed Acquisition Transaction independently before the Board and any special committee of uninterested directors can make their determinations whether or not to proceed with the proposed Acquisition Transaction. I, along with the other directors who are members of the Proposed Acquisition Group, will recuse ourselves from any Board discussion or evaluation relating to the Acquisition Transaction.

8. <u>Counsel</u>. We have retained Moritt Hock & Hamroff LLP as our legal counsel in connection with this proposal and the Acquisition Transaction.

---

| |
|:---|
| TIMOTHY R. DAMADIAN |
| Board of Directors |
| FONAR Corporation |
| July 7, 2025 |
| Page -4 - |

---

9. <u>No Binding Commitment</u>. This letter constitutes only a preliminary indication of our interest, and does not constitute any binding commitment with respect to an Acquisition. Such a commitment will result only from the execution of the Definitive Agreements, and then will be on the terms provided in such documentation.

10. <u>Other Matters</u>. Although the Board may choose to seek other competing offers to acquire FONAR, please note that I, personally, as a holder of FONAR Stock, will not support or vote in favor of any alternative transaction submitted or proposed by any third party or parties. Other members of the Proposed Acquisition Group may feel similarly. Notwithstanding such lack of support for an alternative transaction, kindly note that those members of the Proposed Acquisition Group who are part of the management team or directors of FONAR, including myself, will continue to abide by our respective fiduciary duties to FONAR and all of FONAR's stockholders.

In closing, the Proposed Acquisition Group would like to express its commitment to working together with the Board to bring the Acquisition Transaction to a successful and timely conclusion. Should you have any questions regarding this proposal, please do not hesitate to contact me. I look forward to speaking with you regarding this letter, the Proposed Acquisition Group, the Acquisition Transaction and all matters relating thereto.

---

| |
|:---|
| Very truly yours, |
| /s/ Timothy R. Damadian |
| Timothy R. Damadian, |
| On behalf of the |
| Proposed Acquisition Group, and, where noted, personally |

---

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**FONAR Corp**

*(Name of Issuer)*

**Common Stock, $0.0001 par value per share**

*(Title of Class of Securities)*

**344437108**

*(CUSIP Number)*

**Dennis C. O'Rourke, Esq.**<br>Moritt Hock & Hamroff LLP<br>400 Garden City Plaza<br>Garden City NY 11530<br>516-873-2000

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**07/07/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **344437108** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Timothy Raymond Damadian** | Name of reporting person<br>**Timothy Raymond Damadian** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**PF** | Source of funds (See Instructions)<br>**PF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**121553.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**121553.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**121553.00** | Aggregate amount beneficially owned by each reporting person<br>**121553.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**1.9%** | Percent of class represented by amount in Row (11)<br>**1.9%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

| **CUSIP No.** | **344437108** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Luciano Benedetto Bonanni** | Name of reporting person<br>**Luciano Benedetto Bonanni** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**PF** | Source of funds (See Instructions)<br>**PF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**54253.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**54253.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**54253.00** | Aggregate amount beneficially owned by each reporting person<br>**54253.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**0.9%** | Percent of class represented by amount in Row (11)<br>**0.9%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

| **CUSIP No.** | **344437108** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Ronald George Lehman II** | Name of reporting person<br>**Ronald George Lehman II** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**4330.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**4330.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**4330.00** | Aggregate amount beneficially owned by each reporting person<br>**4330.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**0.1%** | Percent of class represented by amount in Row (11)<br>**0.1%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

| **CUSIP No.** | **344437108** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Richard Alan Feigenbaum** | Name of reporting person<br>**Richard Alan Feigenbaum** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**0.00** | Aggregate amount beneficially owned by each reporting person<br>**0.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**0%** | Percent of class represented by amount in Row (11)<br>**0%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

| **CUSIP No.** | **344437108** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Xavier Patrick Rodrigo** | Name of reporting person<br>**Xavier Patrick Rodrigo** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**37196.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**37196.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**37196.00** | Aggregate amount beneficially owned by each reporting person<br>**37196.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**0.6%** | Percent of class represented by amount in Row (11)<br>**0.6%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

| **CUSIP No.** | **344437108** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Jevan Damadian** | Name of reporting person<br>**Jevan Damadian** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**PF** | Source of funds (See Instructions)<br>**PF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**78853.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**78853.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**78853.00** | Aggregate amount beneficially owned by each reporting person<br>**78853.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**1.3%** | Percent of class represented by amount in Row (11)<br>**1.3%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

| **CUSIP No.** | **344437108** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**James Joseph Flanagan** | Name of reporting person<br>**James Joseph Flanagan** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**PF** | Source of funds (See Instructions)<br>**PF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**8851.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**8851.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**8851.00** | Aggregate amount beneficially owned by each reporting person<br>**8851.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**0.1%** | Percent of class represented by amount in Row (11)<br>**0.1%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

| **CUSIP No.** | **344437108** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Kurt William Reimann** | Name of reporting person<br>**Kurt William Reimann** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**PF** | Source of funds (See Instructions)<br>**PF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**2000.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**2000.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**2000.00** | Aggregate amount beneficially owned by each reporting person<br>**2000.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**0.1%** | Percent of class represented by amount in Row (11)<br>**0.1%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

| **CUSIP No.** | **344437108** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Janice Veroline** | Name of reporting person<br>**Janice Veroline** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**7697.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**7697.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**7697.00** | Aggregate amount beneficially owned by each reporting person<br>**7697.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**0.1%** | Percent of class represented by amount in Row (11)<br>**0.1%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

| **CUSIP No.** | **344437108** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**James Persoons** | Name of reporting person<br>**James Persoons** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**0.00** | Aggregate amount beneficially owned by each reporting person<br>**0.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**0%** | Percent of class represented by amount in Row (11)<br>**0%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Common Stock, $0.0001 par value per share

**(b) Name of Issuer:**
FONAR Corp

**(c) Address of Issuer's Principal Executive Offices:**
110 MARCUS DR, Melville, NY, 11747

This statement on Schedule 13D relates to shares of common stock, par value $0.0001 per share  ("Common Stock"), of FONAR Corporation, a Delaware corporation (the "Issuer"). The principal executive offices of the Issuer are located at 110 Marcus Drive, Melville, New York 11747.

**Item 4. Purpose of Transaction**

The Reporting Persons are filing this Schedule 13D to report a change in their intentions with respect to the ownership of the securities covered by this Schedule 13D. On July 7, 2025, the Reporting Persons formed a group intention to request that the Board of Directors of the Issuer enter into discussions with the Reporting Persons to negotiate the terms of a "going private transaction" whereby the Reporting Persons would acquire, through a newly formed entity, the securities of the Issuer not currently owned by them. The Reporting Persons delivered a letter to the Issuer's Board of Directors on July 7, 2025 (the "Letter") setting forth the terms of their non-binding proposal. A copy of the Letter is attached hereto as Exhibit 2 to this Schedule 13D and is incorporated herein by reference thereto. The Reporting Persons have engaged, and intend to continue to engage, in communications with one or more officers, directors, and/or representatives or agents of the Issuer and/or other persons, and may, in the future, also engage in communications with one or more shareholders of the Issuer and other relevant parties, regarding the Issuer and the going private transaction.

The Reporting Persons intend to review their investment in the Issuer on a continuing basis and may, at any time, change or reconsider their position and/or their purpose with regard to any or all of the foregoing. Depending on various factors including, without limitation, the Issuer's financial position and strategic direction, the outcome of the discussions and actions referenced above, actions which may be  taken by the Board of Directors of the Issuer, price levels of the Issuer's Common Stock, conditions in the securities market, and general economic and industry conditions, the Reporting Persons may in the future take such actions with respect to their investment in the Issuer as they deem appropriate including, without limitation, purchasing additional shares of Common Stock or selling some or all of their shares of Common Stock, engaging in short selling of, or any hedging or similar transactions with respect to, the shares of Common Stock and/or otherwise changing their intention with respect to any and all matters referred to in this Item 4.

There can be no assurance that the Reporting Persons will pursue any going private transaction or other transaction as described above and whether any such transaction will be consummated at all. Moreover, there can be no assurance that the Reporting Persons will or will not develop any alternative plans or proposals with respect to any of the foregoing matters or take any particular action or actions with respect to some or all of their holdings in the Issuer, or as to the timing of any such matters should they be so pursued by the Reporting Persons. The Reporting Persons reserve the right, at any time and in each  Reporting Person's sole discretion, to take or refrain from taking any of the actions set forth above.

Except as described in this Item 4 or would occur upon completion of any of the transactions discussed herein, as of the date of this statement the Reporting Persons have no present plan or proposal that relates to or would result in any of the matters set forth in subsections (a) through (j) of Item 4 of Schedule 13D.

**Item 5. Interest in Securities of the Issuer**

**(a)**
See items 11 and 13 of the cover pages to this Schedule 13D for the aggregate number of shares and percentage of Common Stock beneficially owned by each of the Reporting Persons, which such cover pages are incorporated herein by reference.
As of May 2, 2025, there were 6,203,465 shares of Common Stock issued and outstanding  according to the Issuer's Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, filed with the Securities and Exchange Commission on May 15, 2025. T. Damadian and Bonanni, as executive officers of the Issuer, do not believe there have been any change in such number of issued and outstanding shares of Common Stock.
As of the filing date of this Schedule 13D, T. Damadian is deemed to beneficially own 121,553 shares of Common Stock, including 42,494 shares of Common Stock into which 127,482 shares of Class C common stock held by T. Damadian or trusts in which he is trustee with dispositive and voting power over assets in such trusts are currently convertible. Accordingly, T. Damadian's the beneficial owner of approximately 1.9% of the shares of Common Stock currently issued and outstanding.
As of the filing date of this Schedule 13D, J. Damadian is deemed to beneficially own 78,853 shares of Common Stock, including 42,494 shares of Common Stock into which 127,482 shares of Class C common stock held by J. Damadian or trusts in which he is trustee with dispositive and voting power over assets in such trusts are currently convertible. Accordingly, J. Damadian's the beneficial owner of approximately 1.3% of the shares of Common Stock currently issued and outstanding.
The securities of Issuer deemed to be beneficially owned by T. Damadian and J. Damadian include shares of Common Stock which may be obtained upon conversion at any time of Series C Preferred Shares which are convertible into shares of Common Stock at the conversion rate of one share of Common Stock for each three shares of Series C Preferred Stock.
The shares of Series C Preferred Stock are entitled to 25 votes per share voting together with the Common Stock as a single class.

**(b)**
See items 7 through 10 of the cover pages to this Schedule 13D for the number of shares of Common Stock beneficially owned by each of the Reporting Persons as to which there is sole power to vote or to direct the vote, shared power to vote or to direct the vote and sole or shared power to dispose or to direct the disposition, which such cover pages are incorporated herein by reference.

**(c)**
None of the Reporting Persons have effected any transactions in Common Stock during the past 60 days prior to the date of this Schedule 13D.

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

Except for the Joint Filing Agreement, dated as of July 11, 2025, attached as Exhibit 1 to this Schedule 13D, to the best knowledge of the Reporting Persons, there are no contracts, arrangements, understandings or relationships (legal or otherwise) among the persons named in Item 2 and between such persons and any persons with respect to any securities of the Issuer, including, but not limited to, transfer or voting of any of the securities, finder's fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Timothy Raymond Damadian

**Signature:** /s/ Timothy Raymond Damadian

**Name/Title:** Timothy Raymond Damadian

**Date:** 07/11/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Luciano Benedetto Bonanni

**Signature:** /s/ Luciano Benedetto Bonanni

**Name/Title:** Luciano Benedetto Bonanni

**Date:** 07/11/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Ronald George Lehman II

**Signature:** /s/ Ronald George Lehman II

**Name/Title:** Ronald George Lehman II

**Date:** 07/11/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Richard Alan Feigenbaum

**Signature:** /s/ Richard Alan Feigenbaum

**Name/Title:** Richard Alan Feigenbaum

**Date:** 07/11/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Xavier Patrick Rodrigo

**Signature:** /s/ Xavier Patrick Rodrigo

**Name/Title:** Xavier Patrick Rodrigo

**Date:** 07/11/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Jevan Damadian

**Signature:** /s/ Jevan Damadian

**Name/Title:** Jevan Damadian

**Date:** 07/11/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** James Joseph Flanagan

**Signature:** /s/ James Joseph Flanagan

**Name/Title:** James Joseph Flanagan

**Date:** 07/11/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Kurt William Reimann

**Signature:** /s/ Kurt William Reimann

**Name/Title:** Kurt William Reimann

**Date:** 07/11/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Janice Veroline

**Signature:** /s/ Janice Veroline

**Name/Title:** Janice Veroline

**Date:** 07/11/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** James Persoons

**Signature:** /s/ James Persoons

**Name/Title:** James Persoons

**Date:** 07/11/2025