
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 | JYNT Stock News

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The Joint Corp. has signed an Asset Purchase Agreement to sell 22 corporate clinics in the Southeast for $1.5 million to existing franchise community members. The company also delivered a notice to terminate the APA for 45 clinics in California. The Southeast buyers will assume operations via Management Service Agreements until lease reassignments are completed. This move is seen as a validation of The Joint's business model and strategic initiatives to strengthen growth and profitability.
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