Key Summary: On September 15, 2023, Bandera Partners (25%) announced it might engage in talks with management and the Board following the company's restatement of its 2022 financials and delayed Q2 2023 report, aiming to increase stockholder value. On November 6, 2023, Bandera Partners entered into a Nomination and Standstill Agreement with the company, resulting in the appointment of Jefferson Gramm, Bandera's Managing Member, to the Board.Market Cap: $121 million| The Joint Corp. develops, owns, operates, supports, and manages chiropractic clinics.
On September 15, 2023, Bandera Partners (25%) stated that it may engage in talks with the management and Board following the company's restatement of its 2022 financials and failure to file its Q2 2023 report timely, to discuss ways to increase stockholder value. Source
On November 6, 2023, Bandera Partners entered into a Nomination and Standstill Agreement with the company and pursuant to it, the company agreed to appoint Jefferson Gramm, Managing member of Bandera Partners, to the Board.
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