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Quipt Home Medical Corp. (QIPT) announced the filing of its final base shelf prospectus, allowing the company to offer up to C$300,000,000 of common shares, preferred shares, debt securities, warrants, subscription receipts, and units over a 25-month period. The prospectus aims to provide access to new capital and securities for strategic acquisitions as needed.
Quipt Home Medical Corp. will release its fiscal second-quarter 2024 financial results on May 15, 2024. The Company, a U.S.-based home medical equipment provider specializing in respiratory care, will host a conference call the following day. The call-in details are provided for investors, and a webcast link will be available on the company's website.
Quipt Home Medical Corp., a U.S.-based home medical equipment provider, has announced a normal course issuer bid (NCIB) to repurchase up to 3,626,845 common shares, representing about 10% of its public float. The NCIB will start on May 6, 2024, and end by April 30, 2025, or when the maximum shares are repurchased. The company believes its shares are undervalued and sees this as an opportunity to enhance shareholder value.