The Joint Corp. Set to Join S&P SmallCap 600
May 25 2021 - 7:05AM
The Joint Corp. (NASDAQ:JYNT), a national operator, manager, and
franchisor of chiropractic clinics, announced the company has been
selected by the S&P Dow Jones Indices to join the S&P
SmallCap 600® effective prior to the opening of trading on
Thursday, May 27, 2021.
“We are delighted to be included in the S&P SmallCap 600,”
said President and CEO, Peter D. Holt. “The Joint’s mission is
to revolutionize access to chiropractic care. We bring quality,
convenient, affordable chiropractic care to retail; serve patients
seeking pain relief and ongoing health and wellness; and provide
essential healthcare services in a convenient membership-based,
concierge format. Our strategy to build our brand; increase
awareness of the efficacy of chiropractic care; attract new
patients; and open more clinics has delivered strong results and
positioned the company for long-term growth. Inclusion in this
prestigious index is recognition of the unwavering commitment of
our entire system – our doctors, wellness coordinators,
franchisees, regional developers, and corporate staff – for their
dedication to improving the quality of life of our patients."
About The S&P SmallCap
600®The S&P SmallCap 600® (Ticker: SML) seeks to
measure the small-cap segment of the U.S. equity market. The index
is designed to track companies that meet specific inclusion
criteria to ensure that they are liquid and financially viable. For
more information, please visit S&P Dow Jones Indices.
About The Joint ChiropracticThe Joint Corp.
revolutionized access to chiropractic care when it introduced its
retail healthcare business model in 2010. Today, the company is
making quality care convenient and affordable, while eliminating
the need for insurance, for millions of patients seeking pain
relief and ongoing wellness. With more than 600 locations
nationwide and over eight million patient visits annually, The
Joint Chiropractic is a key leader in the chiropractic industry.
Named on Franchise Times "Top 200+ Franchises" and Entrepreneur's
"Franchise 500®" lists, The Joint Chiropractic is an innovative
force, where healthcare meets retail. For more information, visit
www.thejoint.com.
Business StructureThe Joint Corp. is a
franchisor of clinics and an operator of clinics in certain states.
In Arkansas, California, Colorado, District of Columbia, Florida,
Illinois, Kansas, Kentucky, Maryland, Michigan, Minnesota, New
Jersey, New York, North Carolina, Oregon, Pennsylvania, Rhode
Island, South Dakota, Tennessee, Washington, West Virginia and
Wyoming, The Joint Corp. and its franchisees provide management
services to affiliated professional chiropractic practices.
Forward-Looking Statements This press
release contains statements about future events and expectations
that constitute forward-looking statements. Forward-looking
statements are based on our beliefs, assumptions and expectations
of industry trends, our future financial and operating performance
and our growth plans, taking into account the information currently
available to us. These statements are not statements of historical
fact. Forward-looking statements involve risks and uncertainties
that may cause our actual results to differ materially from the
expectations of future results we express or imply in any
forward-looking statements, and you should not place undue reliance
on such statements. Factors that could contribute to these
differences include, but are not limited to, the continuing impact
of the COVID-19 outbreak on the economy and our operations
(including temporary clinic closures, shortened business hours and
reduced patient demand), our failure to develop or acquire
company-owned or managed clinics as rapidly as we intend, our
failure to profitably operate company-owned or managed clinics, and
the other factors described in “Risk Factors” in our Annual Report
on Form 10-K as filed with the SEC for the year ended December 31,
2020, as updated or revised for any material changes described in
any subsequently-filed Quarterly Reports on Form 10-Q or other SEC
filings. Words such as, "anticipates," "believes," "continues,"
"estimates," "expects," "goal," "objectives," "intends," "may,"
"opportunity," "plans," "potential," "near-term," "long-term,"
"projections," "assumptions," "projects," "guidance," "forecasts,"
"outlook," "target," "trends," "should," "could," "would," "will,"
and similar expressions are intended to identify such
forward-looking statements. We qualify any forward-looking
statements entirely by these cautionary factors. We assume no
obligation to update or revise any forward-looking statements for
any reason or to update the reasons actual results could differ
materially from those anticipated in these forward-looking
statements, even if new information becomes available in the
future. Comparisons of results for current and any prior periods
are not intended to express any future trends or indications of
future performance, unless expressed as such, and should only be
viewed as historical data.
Media Contact: Margie Wojciechowski, The
Joint Corp., margie.wojciechowski@thejoint.com Investor
Contact: Kirsten Chapman, LHA Investor Relations,
415-433-3777, thejoint@lhai.com
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