Quipt Home Medical Corp T.QIPT

Alternate Symbol(s): QIPT

Healthcare

Quipt Home Medical Corp. is a home medical equipment provider. The Company specializes in improving the home management of chronic illness through the application of telehealth systems and automated distribution. It provides in-home monitoring and disease management services, including end-to-end respiratory solutions for patients in the United States. It offers nebulizers, oxygen concentrators, continuous positive airway pressure (CPAP) and Bilevel Positive Airway Pressure (BiPAP) units; traditional and non-traditional medical respiratory equipment and services, and non-invasive ventilation equipment, supplies, and services. The Company's product offerings include the management of several chronic disease states focusing on patients with heart or pulmonary disease, sleep disorders, reduced mobility, and other chronic health conditions. Its products and services consist of sleep apnea and pap treatment, home ventilation, daily and ambulatory aides, and respiratory equipment rental.

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Quipt Home Medical Corp > Getting closer to major debt reduction for PTQ

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Post by Trademark11on Sep 18, 2020 9:50am

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Post# 31580390

Getting closer to major debt reduction for PTQ

$15 M Debentures closer to forced conversion option in 18 months

" At any time after the date that is three years following the closing date, the Company may force the conversion of the principal amount of the Convertible Debentures at the Conversion Price on not less than 30 days' notice if the daily volume weighted average trading price of the Common Shares is greater than $1.62 for any 20 consecutive trading days." March 7, 2019

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