Press release

The Joint Corp. Welcomes Jeff Gramm to the Board of Directors and Signs Standstill Agreement with Bandera Partners LLC

SCOTTSDALE, Ariz., Nov. 08, 2023 (GLOBE NEWSWIRE) -- The Joint Corp. (NASDAQ:JYNT), the nation's largest provider of chiropractic care through The Joint Chiropractic® network, will appoint Jeff Gramm to the board of directors, effective January 2, 2024 and nominate him for election to the board at the company's 2024 Annual Meeting of shareholders. Gramm fills a vacated seat, and the current board size remains at seven.

The Joint's lead director Matthew E. Rubel said, "We warmly welcome Jeff to the board. His fund has been a long-time investor in The Joint, and he fully understands the company's opportunities. We believe Jeff will have valuable insights as the board oversees the continuing development of The Joint's strategic plan and seeks to drive value for our shareholders."

Gramm said, "The Joint has built a strong franchise network revolutionizing access to chiropractic care. I am excited to work with the board to implement initiatives to augment marketing, increase patient acquisition, improve profitability, and create value for all shareholders."

Gramm's appointment to the Board occurs in conjunction with a Nominating and Standstill Agreement with Bandera ...

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