Quipt Home Medical to evaluate Kanen Wealth Management notice

Quipt Home Medical (QIPT) acknowledges receipt of a notice from Philotimo Fund, an entity affiliated with Kanen Wealth Management, and David Kanen, purporting to provide notice of its intent to solicit proxies in support of four director candidates to the company’s Board of Directors in opposition to the company’s four director candidates to the Board. The company said, “The company remains steadfast in its mission to deliver long-term value to all shareholders. As part of the company’s ongoing commitment to corporate governance, the Board and the Nominating and Corporate Governance Committee of the Board will thoroughly review and evaluate KWM’s notice and any additional requests for compliance with its established procedures under the company’s Articles and all applicable laws.” At this time, the company has not received a timely, valid and compliant notice for nominating any directors to our Board pursuant to both U.S. securities laws and the company’s Articles.