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<SEC-DOCUMENT>0000355019-08-000030.txt : 20081201
<SEC-HEADER>0000355019-08-000030.hdr.sgml : 20081201
<ACCEPTANCE-DATETIME>20081201143032
ACCESSION NUMBER:		0000355019-08-000030
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20081124
ITEM INFORMATION:		Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
ITEM INFORMATION:		Other Events
FILED AS OF DATE:		20081201
DATE AS OF CHANGE:		20081201

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FONAR CORP
		CENTRAL INDEX KEY:			0000355019
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845]
		IRS NUMBER:				112464137
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-10248
		FILM NUMBER:		081221816

	BUSINESS ADDRESS:	
		STREET 1:		110 MARCUS DR
		CITY:			MELVILLE
		STATE:			NY
		ZIP:			11747
		BUSINESS PHONE:		6316942929

	MAIL ADDRESS:	
		STREET 1:		110 MARCUS DRIVE
		CITY:			MELVILLE
		STATE:			NY
		ZIP:			11747
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>k8k81201.txt
<TEXT>
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

          Pursuant to Section 13 or 15(d) of the Securities Act of 1934

      Date of Report (Date of earliest event reported): November 24, 2008

                                FONAR CORPORATION
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)

   Delaware                         0-10248                       11-2464137
- ---------------                   ------------               -------------------
(State or other                   (Commission                 (I.R.S. Employer
jurisdiction of                   File Number)               Identification No.)
incorporation)

                                110 Marcus Drive
                            Melville, New York 11747
                                 (631) 694-2929
                -------------------------------------------------
               (Address, including zip code, and telephone number
                   of registrant's principal executive office)

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions:

[ ]  Written  communications  pursuant  to Rule 425 under the Securities Act (17
     CFR 230.425)

[ ]  Soliciting  material  pursuant to  Rule 14a-12  under the  Exchange Act (17
     CFR 240.14a-12)

[ ]  Pre-commencement  communications  pursuant  to  Rule  14d-2(b)  under   the
     Exchange Act (17 CFR 240.14d-2(b))

[ ]  Pre-commencement  communications  pursuant  to   Rule  13e-4(c)  under  the
     Exchange Act (17 CFR 240.13e-4(c)

Item 3.01 Notice of Delisting or Failure to Satisfy a Continued  Listing Rule or
Standard;  Transfer of  Listing.

On November 24, 2008,  Fonar  Corporation  (the  "Company")  was notified by The
NASDAQ Stock Market LLC that the NASDAQ Listing  Qualifications Panel determined
to continue  the listing of the  Company's  common  stock on The NASDAQ  Capital
Market,  notwithstanding  the Company's  failure to solicit proxies and hold its
annual  meeting  for the prior  fiscal year in a timely  manner,  as required by
Marketplace Rules 4350(g) and 4350(e), respectively. The Company held a combined
annual  meeting for the current and prior  fiscal  years on November  17,  2008.
Notwithstanding  the Panel's  decision to continue the Company's  listing on The
NASDAQ  Stock  Market,  the Panel  issued a public  reprimand to the Company for
failure to hold its annual meeting for the prior fiscal year in a timely manner.

Item 8.01 Other Events: Determination of NASDAQ Hearings Panel.

On November  24,  2008,  the Company was notified by The NASDAQ Stock Market LLC
that the NASDAQ Listing  Qualifications Panel determined to continue the listing
of the  Company's  common  stock on The NASDAQ  Capital  Market,  subject to the
condition that, on or before January 15, 2009, the Company file a Current Report
on  Form  8-K  with  the   Securities   and  Exchange   Commission,   evidencing
shareholders'  equity of at least $2.5 million,  or demonstrate  compliance with
one of the alternative listing criteria.

Exhibits

99. Press Release dated December 1, 2008


                                   SIGNATURES

Pursuant to the  requirements  of the  Securities  and Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

                                                FONAR CORPORATION
                                                (Registrant)

                                                By: /s/ Raymond Damadian
                                                    Raymond Damadian

                                                    President and Chairman

Dated: December 1, 2008
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>x9981201.txt
<TEXT>
exhibit 99
================================================================================
                                FONAR CORPORATION

Fonar MRI news @ aol . com                               Inventor of MR Scanning
For    Immediate   Release                               An   ISO  9001  Company

Contact:    Daniel  Culver                               110    Marcus     Drive
Director of Communications                               Melville,   N.Y.  11747
Web site:    www.fonar.com                               Tel:    (631)  694-2929
Email:invest2008@fonar.com                               Fax:    (631)  390-1709
================================================================================

                FONAR GRANTED CONTINUED LISTING BY NASDAQ PANEL

MELVILLE,  NEW YORK - December 1, 2008 -- FONAR Corporation  (NASDAQ-FONR),  the
Inventor of MR  Scanning{trademark},  today  announced  that The NASDAQ  Listing
Qualifications  Panel  ("NASDAQ  Panel") has granted the  Company's  request for
continued  listing on The NASDAQ Capital Market,  subject to the condition that,
on or before  January 15, 2009,  the Company  file a Current  Report on Form 8-K
with the Securities and Exchange Commission, evidencing the Company's compliance
with  the  NASDAQ   shareholders'   equity  requirement  of  $2.5  million,   or
demonstrating its compliance with one of the alternative listing criteria. While
the  Company  is taking  steps to  comply  with the  terms of the  NASDAQ  Panel
decision, there can be no assurance that the Company will be able to do so.

In its decision,  the NASDAQ Panel also determined that the Company had regained
compliance with NASDAQ's proxy solicitation and annual meeting requirements,  as
set forth in Marketplace  Rules 4350(g) and 4350(e),  respectively.  The Company
solicited  proxies  and  subsequently  held a combined  annual  meeting  for the
current and prior fiscal years on November 17, 2008. Notwithstanding, the NASDAQ
Panel  issued a reprimand to the Company for failure to timely  solicit  proxies
and to hold the annual meeting for the prior fiscal year.

                                       #

UPRIGHT(R)  and  STAND-UP(R)  are  registered  trademarks and The Inventor of MR
Scanning(TM), Multi-Position(TM), The Proof is in the Picture(TM), Full Range of
Motion(TM),   pMRI(TM),  Dynamic(TM),  True  Flow(TM),   Spondylography(TM)  and
Spondylometry(TM) are trademarks of FONAR Corporation.

     Be sure to visit FONAR's Website for product and investor information:
                                 www.fonar.com

This release may include forward-looking statements from the company that may or
may not materialize.  Additional  information on factors that could  potentially
affect the company's  financial  results may be found in the  company's  filings
with the Securities and Exchange Commission.
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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