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Chiropractic network The Joint files for a $36 million IPO

September 19, 2014

The Joint, which operates 215 cash-based chiropractic clinics in the US, filed on Friday with the SEC to raise up to $36 million in an initial public offering.

The Scottsdale, AZ-based company, which was founded in 2010 and booked $6 million in sales for the 12 months ended June 30, 2014, plans to list on the NASDAQ under the symbol JYNT. The Joint initially filed confidentially on July 11, 2014. Feltl and Company is the sole bookrunner on the deal. No pricing terms were disclosed.