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 > They should not announce LOI's only closed acquisitions...

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Comment by sebrazon Oct 21, 2020 3:36pm

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Post# 31756444

RE:RE:RE:They should not announce LOI's only closed acquisitions...

It depends on the level of commitment. If there is sufficient commitment for both parties and the transaction would constitute a material change, PTQ would have to disclose.
$13million CAD in additional revenue is a material change and they mentioned the transaction should be closed in 45 days.
Just an opinion, but in Protech's case, any LOI for an acqisition would constitute a material change and would need to be publicly disclosed.

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