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The Joint Corp. Prices Initial Public Offering

JYNT

SCOTTSDALE, Ariz., Nov. 11, 2014 /PRNewswire/ -- The Joint Corp., a national healthcare franchisor of chiropractic clinics, today announced the pricing of its initial public offering of 3,000,000 shares of common stock at an initial price to the public of $6.50 per share. The shares have been approved for listing on the NASDAQ Capital Market under the ticker symbol "JYNT" and are expected to begin trading on Tuesday, November 11, 2014.  In addition, The Joint Corp. has granted the underwriters a 45-day option to purchase up to 450,000 additional shares of common stock to cover over-allotments, if any.  The offering is expected to close on November 14, 2014, subject to customary closing conditions.

The Joint…the chiropractic place(R), is reinventing chiropractic care through a franchise model that makes quality alternative healthcare affordable for patients while simplifying business operations for chiropractors and franchise owners. Its affordable membership plans eliminate the need for insurance, and its no-appointments policy and convenient locations make care more accessible. The company has more than 200 clinics open and 450 in development in 30 states.

Roth Capital Partners and Feltl & Company are acting as joint book-running managers for the offering. Sanders Morris Harris is acting as co-manager.

A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on November 10, 2014. This offering is being made only by means of a prospectus, copies of which can be obtained by contacting Roth Capital Partners, LLC, 888 San Clemente, Newport Beach, CA 92660 Attention: Equity Capital Markets, or by telephone at (800) 678-9147, or by e-mail at rothecm@roth.com; and Feltl & Company, 2100 LaSalle Plaza, 800 LaSalle Ave, Minneapolis, MN 55402, Attention: Prospectus Department, or by telephone at (612) 492 8800; or by e-mail: prospectus@feltl.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Media Contact:

Investor Contact:

Marcia Rhodes

Peter Vozzo

mrhodes@acmarketingpr.com  

peter.vozzo@westwicke.com

480-664-8412, ext. 15

443-213-0505

 

Logo - http://photos.prnewswire.com/prnh/20140512/86669

SOURCE The Joint Corp.



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