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Quipt Home Medical Corp T.QIPT

Alternate Symbol(s):  QIPT

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

Comment by HatrikSeLaineon Aug 10, 2022 2:19pm
173 Views
Post# 34885748

RE:RE:RE:RE:Debt Conversion

RE:RE:RE:RE:Debt Conversion Remember that the float is being diluted by a bit over 5.5% now that the forced conversion is confirmed (1.8 M shares).  It's totally normal and expected that the market will price this in once confirmed.  Now the company gets to move forward on its own merits having shed a fair bit of debt with this transaction.  Hopefully we also get to see some positive results next Monday after market close.
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