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): October 20, 2010

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

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

                                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(a) Notice of Delisting or Failure to Satisfy a Continued  Listing
     Rule or Standard; Transfer of Listing.

On October 14, 2010, the Company received a notice of non-compliance from The
NASDAQ Stock Market LLC based upon the Company's non-compliance with the
minimum stockholders' equity requirement of $2.5 million for continued listing
on The NASDAQ Capital Market, as set forth in NASDAQ Marketplace Listing Rule
5550(b)(1)(the "Rule")(the "Stockholders' Equity Requirement"). The deficiency
was noted after the Company filed its Form 10-K on October 13, 2010, for the
Fiscal year ended June 30, 2010.  In addition, the Company did not meet the
alternatives of market value of listed securities or net income from
continuing operations.

Under the Rules, the Company has 45 calendar days to submit a plan to regain
compliance.  If the plan is accepted the NASDAQ Panel will grant an extension
of up to 180 calendar days from the date of the letter (October 14, 2010) to
evidence compliance.  While the Company is hopeful that the Panel will grant
its request for continued listing on NASDAQ, there can be no assurance that
the Panel will do so.


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

                                                By: /s/ Raymond Damadian
                                                    Raymond Damadian
                                                    President and Chairman

Dated:   October 20, 2010