08:07 AM EDT, 07/07/2025 (MT Newswires) -- Joint (JYNT) said Monday it completed the sale of 31 clinics and associated franchise licenses in Arizona and New Mexico to its largest franchisee Joint Ventures.

The sale price included $8.3 million in cash and regional developer rights for the Northwest region, which generated $855,000 in royalties and franchise fees over a 12-month period, the company said.

Shares were 1.6% lower in recent premarket activity.