Quipt acquisition by Kingswood, Forager okayed by court

Executive Summary

• The Supreme Court of British Columbia has issued a final order approving the previously announced plan of arrangement, marking the final substantive court approval required for the transaction.
• Affiliates of Kingswood Capital Management LP and Forager Capital Management LLC will acquire all issued and outstanding common shares of Quipt Home Medical Corp. for cash consideration of $3.65 (U.S.) per share.
• The transaction is expected to close by March 16, 2026, after which the company will be delisted from the Toronto Stock Exchange and Nasdaq Capital Markets and cease to be a reporting issuer.

Key Details

• Transaction Structure: Plan of arrangement under the Business Corporations Act (British Columbia).
• Acquirers: Affiliates of Kingswood Capital Management LP and Forager Capital Management LLC.
• Consideration: $3.65 (U.S.) per share in cash.
• Target: All issued and outstanding common shares of Quipt Home Medical Corp.
• Regulatory Status: Final order issued by the Supreme Court of British Columbia; this was the final substantive court approval required.
• Closing Timeline: Expected to be completed by March 16, 2026, assuming all other terms and conditions are satisfied.
• Post-Closing Status: Shares will be delisted from the Toronto Stock Exchange and Nasdaq Capital Markets; the company will cease to be a reporting issuer in all jurisdictions.
• Agreement Date: The arrangement agreement was dated December 14, 2025, among the company, 1567208 B.C. Ltd., and REM Aggregator LLC.
• Shareholder Approval: A special meeting of shareholders was held on March 3, 2026.
• Documentation: Terms are described in the management information circular and proxy statement dated January 23, 2026, available on SEDAR+ and EDGAR.