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Quipt Home Medical Enters Cooperation Agreement with Kanen

Story Highlights
  • Quipt Home Medical entered a Cooperation Agreement with Kanen on March 3, 2025.
  • The agreement includes Kanen withdrawing its proxy solicitation and gaining board access rights.
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Quipt Home Medical Enters Cooperation Agreement with Kanen

Quipt Home Medical ( (TSE:QIPT) ) has issued an announcement.

On March 3, 2025, Quipt Home Medical Corp. entered into a Cooperation Agreement with Kanen Wealth Management, under which Kanen agreed to withdraw its proxy solicitation notice for the 2025 annual meeting. The agreement grants Kanen certain access rights and establishes a new committee to review Kanen’s recommendations on corporate governance. This collaboration reflects Quipt’s commitment to enhancing shareholder value and executing strategic growth plans.

More about Quipt Home Medical

Quipt Home Medical Corp. is a U.S.-based provider of home medical equipment, focusing on end-to-end respiratory care. The company offers in-home monitoring and disease management services, targeting patients with chronic conditions such as heart or pulmonary disease, sleep disorders, and reduced mobility. Quipt aims to enhance shareholder value by expanding its range of services and increasing annual revenue per patient.

YTD Price Performance: -10.0%

Average Trading Volume: 27,351

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$162.9M

For detailed information about QIPT stock, go to TipRanks’ Stock Analysis page.

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