{"id":919111,"date":"2025-12-11T18:09:18","date_gmt":"2025-12-11T23:09:18","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/the-joint-corp-signs-asset-purchase-agreement-to-sell-22-corporate-clinics-in-the-southeast-and-delivers-notice-to-terminate-apa-for-45-clinics-in-california\/"},"modified":"2025-12-11T18:09:18","modified_gmt":"2025-12-11T23:09:18","slug":"the-joint-corp-signs-asset-purchase-agreement-to-sell-22-corporate-clinics-in-the-southeast-and-delivers-notice-to-terminate-apa-for-45-clinics-in-california","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/the-joint-corp-signs-asset-purchase-agreement-to-sell-22-corporate-clinics-in-the-southeast-and-delivers-notice-to-terminate-apa-for-45-clinics-in-california\/","title":{"rendered":"The Joint Corp. Signs Asset Purchase Agreement to Sell 22 Corporate Clinics in the Southeast and Delivers Notice to Terminate APA for 45 Clinics in California"},"content":{"rendered":"<h2>\nSoutheast Buyers\u00a0are Existing Members of the Franchise Community, Further Increasing their Ownership<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p>SCOTTSDALE, Ariz., Dec.  11, 2025  (GLOBE NEWSWIRE) &#8212; The Joint Corp. (NASDAQ: JYNT), the nation&#8217;s largest franchisor of chiropractic care through The Joint Chiropractic<sup>\u00ae<\/sup> network, signed an Asset Purchase Agreement (APA) for the sale of 22 corporate-owned or managed clinics for $1.5 million to three buying groups. In mid-December, the buyers will assume business operations via Management Service Agreements until the lease reassignments are completed to permit ownership transfer. The company has delivered a notice to terminate the APA for the 45 clinics in Southern California signed on November 2, 2025.<\/p>\n<p>\n        <strong>Summary of APA<\/strong>\n      <\/p>\n<ul type=\"disc\">\n<li style=\"margin-bottom:8pt\">Nine clinics \u2013 seven in Virginia, one in North Carolina, and one in South Carolina \u2013 are to be purchased by an existing franchisee and regional developer, who has over 13 years at The Joint and currently owns eight other clinics in North Carolina.<\/li>\n<li style=\"margin-bottom:8pt\">Ten clinics in North Carolina are to be purchased by a Doctor of Chiropractic, who has worked within\u00a0the system for\u00a0almost 10\u00a0years, and his\u00a0business\u00a0partner, who\u00a0is a former corporate\u00a0employee with over\u00a0three\u00a0years of operations experience in our system.<\/li>\n<li style=\"margin-bottom:8pt\">Three clinics \u2013 two in Georgia and one in South Carolina \u2013 are to be purchased by a team of two Doctors of Chiropractic, who are also\u00a0seasoned operators\u00a0and\u00a0franchisees at The Joint.\n<\/li>\n<\/ul>\n<p>\u201cThere is no greater validation than existing franchise community members expanding their portfolio and presence with The Joint. It demonstrates their belief in our business model and our strategic initiatives to strengthen our core, reignite growth and improve both clinic and company level profitability,\u201d said President and Chief Executive Officer of The Joint Corp. Sanjiv Razdan. \u201cIn the Southeast, we are proud to have Doctors of Chiropractic and franchisees alike increase their ownership. We look forward to seeing the performance of these clinics thrive in the hands of experienced operators as we build the next chapter of our growth collectively.\u201d<\/p>\n<p>\n        <strong>Forward-Looking Statements<\/strong><br \/>\n        <br \/>This press release contains statements about future events and expectations that constitute forward-looking statements. Forward-looking statements are based on our beliefs, assumptions and expectations of industry trends, our future financial and operating performance and our growth plans, taking into account the information currently available to us. These statements are not statements of historical fact. Words such as, &#8220;anticipates,&#8221; &#8220;believes,&#8221; &#8220;continues,&#8221; &#8220;estimates,&#8221; &#8220;expects,&#8221; &#8220;goal,&#8221; &#8220;objectives,&#8221; &#8220;intends,&#8221; &#8220;may,&#8221; &#8220;opportunity,&#8221; &#8220;plans,&#8221; &#8220;potential,&#8221; &#8220;near-term,&#8221; &#8220;long-term,&#8221; &#8220;projections,&#8221; &#8220;assumptions,&#8221; &#8220;projects,&#8221; &#8220;guidance,&#8221; &#8220;forecasts,&#8221; &#8220;outlook,&#8221; &#8220;target,&#8221; &#8220;trends,&#8221; &#8220;should,&#8221; &#8220;could,&#8221; &#8220;would,&#8221; &#8220;will,&#8221; and similar expressions are intended to identify such forward-looking statements. Specific forward-looking statements made in this press release include, among others, our expectation that in mid-December, the buyers will assume business operations via management service agreements until the lease reassignments are completed to permit ownership transfer; our belief that attracting sophisticated franchisee groups and proven operators to join and expand their ownership with The Joint family validates our business model and our strategic initiatives to strengthen our core, reignite growth and improve both clinic and company level profitability; and our belief that we have essentially achieved our goal of becoming the best and largest pure play chiropractic care franchise system. Forward-looking statements involve risks and uncertainties that may cause our actual results to differ materially from the expectations of future results we express or imply in any forward-looking statements, and you should not place undue reliance on such statements. Factors that could contribute to these differences include, but are not limited to, our inability to identify and recruit enough qualified chiropractors and other personnel to staff our clinics, due in part to the nationwide labor shortage and an increase in operating expenses due to measures we may need to take to address such shortage; inflation, which has increased our costs and which could otherwise negatively impact our business; our failure to profitably operate company-owned or managed clinics; our failure to refranchise as planned; short-selling strategies and negative opinions posted on the internet, which could drive down the market price of our common stock and result in class action lawsuits; our failure to remediate future material weaknesses in our internal control over financial reporting, which could negatively impact our ability to accurately report our financial results, prevent fraud, or maintain investor confidence; and other factors described in our filings with the SEC, including in the section entitled \u201cRisk Factors\u201d in our Annual Report on Form 10-K\/A for the year ended December 31, 2024 filed with the SEC on August 12, 2025 and subsequently filed current and quarterly reports. We qualify any forward-looking statements entirely by these cautionary factors. We assume no obligation to update or revise any forward-looking statements for any reason or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Comparisons of results for current and any prior periods are not intended to express any future trends or indications of future performance, unless expressed as such, and should only be viewed as historical data.<\/p>\n<p>\n        <strong>About The Joint Corp. (NASDAQ: JYNT)<\/strong><br \/>\n        <br \/>The Joint Corp. (NASDAQ: JYNT) revolutionized access to chiropractic care when it introduced its retail healthcare business model in 2010. Today, it is the nation\u2019s largest operator, manager and franchisor of chiropractic clinics through The Joint Chiropractic network. The company is making quality care convenient and affordable, while eliminating the need for insurance, for millions of patients seeking pain relief and ongoing wellness. Headquartered in Scottsdale and with over 950 locations nationwide and more than 14 million patient visits annually, The Joint Chiropractic is a key leader in the chiropractic industry. The brand is consistently named to\u00a0<em>Franchise Times\u2019<\/em>\u00a0annual \u201cTop 400\u201d and \u201cFast &amp; Serious\u201d list of 40 smartest growing brands.\u00a0<em>Entrepreneur<\/em>\u00a0named The Joint \u201cNo. 1 in Chiropractic Services,\u201d\u00a0and it is regularly ranked on the publication\u2019s \u201cFranchise 500,\u201d\u00a0the \u201cFastest-Growing Franchises,\u201d and the \u201cBest of the Best\u201d lists, as well as its \u201cTop Franchise for Veterans\u201d and \u201cTop Brands for Multi-Unit Owners\u201d lists.\u00a0<em>SUCCESS<\/em> named the company as one of the \u201cTop 50 Franchises\u201d in 2024.\u00a0The Joint Chiropractic is an innovative force, where healthcare meets retail. For more information, visit\u00a0www.thejoint.com. To learn about franchise opportunities, visit\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=6kM65_6Qlt-rYhwTqJoeumnxduVqxHD7pEVLFN_iW9ZYViR2_Pz2gkIsUwTM7CONZEfCrGW7OVl0Xy0ez75bLokXtF9XpEv6_iB14yaW4xXzoUqzTEnwtDHV0aUOw0aq\" rel=\"nofollow\" target=\"_blank\">www.thejointfranchise.com<\/a>.<\/p>\n<p>\n        <strong>The Joint Business Structure<\/strong><br \/>\n        <br \/>The Joint Corp. is a franchisor of clinics and an operator of clinics in certain states. In Arkansas, California, Connecticut, Delaware, Colorado, District of Columbia, Florida, Illinois, Kansas, Kentucky, Maryland, Michigan, Minnesota, New Jersey, New York, North Carolina, Oregon, Pennsylvania, Rhode Island, South Dakota, Tennessee, Washington, West Virginia and Wyoming, The Joint Corp. and its franchisees provide management services to affiliated professional chiropractic practices.<\/p>\n<p>\n        <strong>Media Contact:<\/strong><br \/>\n        <br \/>Margie Wojciechowski, The Joint Corp., <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=n4SjRsIxCAEVPb3G6gLEJnkLklPPcsb8aRACqgCcGGVo3ZRN7CKPJiLQLI-O5Kr4-jv-Vj9v_zQPEHfN9wadBPeVdZNSYqvypU-ZZKioKtUnCvv_csV2_If2GMMnqkZldmU4bZUxRFm_OKeMJTW72g==\" rel=\"nofollow\" target=\"_blank\">margie.wojciechowski@thejoint.com<\/a><\/p>\n<p>\n        <strong>Investor Contact:<\/strong><br \/>\n        <br \/>Richard Land, Alliance Advisors IR,\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=MUWP4CRW-xVwZ1K21li1SssXFxQHJ2hbyT8KV1E2sqiaUosTljYP9sH9DTwatuZ6Dja4cS5V1BQ3jcWVJ4Qf-kX-YYl2RYDEJ6T2qyJhR7ql_KzNquhlyfDGmkEzX4aJp9OqagUcnYCQiZBgcjv6GQ==\" rel=\"nofollow\" target=\"_blank\">thejointinvestor@allianceadvisors.com<\/a> 212-838-3777<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTYwMTEwMyM3MzE4NDIwIzIwMTEyMDI=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/OTVhMTM0MzctYTI2OS00N2FjLTg3MzUtZmJmOTNkMmNiOTU0LTEwMjI3NzUtMjAyNS0xMi0xMS1lbg==\/tiny\/The-Joint-Corp-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Southeast Buyers\u00a0are Existing Members of the Franchise Community, Further Increasing their Ownership SCOTTSDALE, Ariz., Dec. 11, 2025 (GLOBE NEWSWIRE) &#8212; The Joint Corp. (NASDAQ: JYNT), the nation&#8217;s largest franchisor of chiropractic care through The Joint Chiropractic\u00ae network, signed an Asset Purchase Agreement (APA) for the sale of 22 corporate-owned or managed clinics for $1.5 million to three buying groups. In mid-December, the buyers will assume business operations via Management Service Agreements until the lease reassignments are completed to permit ownership transfer. The company has delivered a notice to terminate the APA for the 45 clinics in Southern California signed on November 2, 2025. Summary of APA Nine clinics \u2013 seven in Virginia, one in North Carolina, and one in South &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-joint-corp-signs-asset-purchase-agreement-to-sell-22-corporate-clinics-in-the-southeast-and-delivers-notice-to-terminate-apa-for-45-clinics-in-california\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;The Joint Corp. Signs Asset Purchase Agreement to Sell 22 Corporate Clinics in the Southeast and Delivers Notice to Terminate APA for 45 Clinics in California&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-919111","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Joint Corp. Signs Asset Purchase Agreement to Sell 22 Corporate Clinics in the Southeast and Delivers Notice to Terminate APA for 45 Clinics in California - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-joint-corp-signs-asset-purchase-agreement-to-sell-22-corporate-clinics-in-the-southeast-and-delivers-notice-to-terminate-apa-for-45-clinics-in-california\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Joint Corp. Signs Asset Purchase Agreement to Sell 22 Corporate Clinics in the Southeast and Delivers Notice to Terminate APA for 45 Clinics in California - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Southeast Buyers\u00a0are Existing Members of the Franchise Community, Further Increasing their Ownership SCOTTSDALE, Ariz., Dec. 11, 2025 (GLOBE NEWSWIRE) &#8212; The Joint Corp. (NASDAQ: JYNT), the nation&#8217;s largest franchisor of chiropractic care through The Joint Chiropractic\u00ae network, signed an Asset Purchase Agreement (APA) for the sale of 22 corporate-owned or managed clinics for $1.5 million to three buying groups. In mid-December, the buyers will assume business operations via Management Service Agreements until the lease reassignments are completed to permit ownership transfer. The company has delivered a notice to terminate the APA for the 45 clinics in Southern California signed on November 2, 2025. Summary of APA Nine clinics \u2013 seven in Virginia, one in North Carolina, and one in South &hellip; Continue reading &quot;The Joint Corp. 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(NASDAQ: JYNT), the nation&#8217;s largest franchisor of chiropractic care through The Joint Chiropractic\u00ae network, signed an Asset Purchase Agreement (APA) for the sale of 22 corporate-owned or managed clinics for $1.5 million to three buying groups. In mid-December, the buyers will assume business operations via Management Service Agreements until the lease reassignments are completed to permit ownership transfer. The company has delivered a notice to terminate the APA for the 45 clinics in Southern California signed on November 2, 2025. Summary of APA Nine clinics \u2013 seven in Virginia, one in North Carolina, and one in South &hellip; Continue reading \"The Joint Corp. 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