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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 bmbruceon Jun 01, 2023 10:40am
114 Views
Post# 35474754

RE:RE:RE:RE:RE:RE:ATM

RE:RE:RE:RE:RE:RE:ATM

It seems that the decision to install the ATM program initially was driven by the company's intention to diversify its potential sources of capital and fund its long-term acquisition strategy. .. given the response from shareholders and the significant disconnect between the company's valuation and its underlying business fundamentals, looks like they concluded that the program was not appropriate and chose to terminate it promptly…the market agrees with the move, at least for now

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