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 > Premarket

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Post by retiredcfon Jun 01, 2023 9:19am

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Post# 35474517

Premarket

08:38 AM EDT, 06/01/2023 (MT Newswires) -- Quipt Home Medical Corp. (NASDAQ: QIPT; TSXV: QIPT), a US-based home medical equipment provider, focused on end-to-end respiratory care, said Thursday that it has ended its at-the-market" equity program under an equity distribution agreement.

The company's shares, which rose 0.6% in Canada yesterday, gained 3.7% in premarket US trading on Thursday.

Quipt Home Medical said it has not used the program and, plans to terminate the program as a result of market conditions and to limit uncertainty and unfavorable dilution for its shareholders.

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