Joint Corp to sell 45 Southern California clinics to Elite Chiro Group for $2.3 million

• The Joint will sell assets of 45 company-owned or managed clinics in Southern California to Elite Chiro Group for an aggregate purchase price of $2.3 million, subject to adjustments.
• Deal terms include franchise rights for those clinics, prorated franchise fees under 45 franchise agreements, and non-exclusive development rights for 10 additional clinics in a to-be-agreed development area.
• Elite Chiro Group will pay a $150,000 non-refundable down payment for exclusivity, with remaining consideration deposited into escrow and released as individual clinic closings occur.
• Each clinic closing is conditioned on assignment of the existing lease for that location.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Joint Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001612630-26-000036), on April 24, 2026, and is solely responsible for the information contained therein.