Quipt Home Medical Corp T.QIPT

Alternate Symbol(s): QIPT

Healthcare Medical Care

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.

TSX:QIPT - Post by User

Quipt Home Medical Corp

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Comment by Stuatoron Sep 02, 2015 12:30pm

54 Views

Post# 24072018

RE:RE:RE:RE:RE:RE:RE:RE:RE:Cash remaining after closing....

Samdm: Sorry its hard to renegotiate a deal to all cash after you already negotiated a deal in all cash.

From colorado LOI: PHM will acquire 100% of the outstanding shares of the business for cash for a total consideration of $14,348,000.
From June 23rd LOI: "PHM will acquire the business for a total consideration of approximately $24 million."

Texas and Tennessee are the other LOIs. They have the stock component attached to the purchase price and will be renegotiated.

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