M&A / Property
Quipt Home Medical Receives Final Order Approving Arrangement

QIPT · Price
Executive Summary
- The Supreme Court of British Columbia issued a final order approving Quipt Home Medical Corp.’s plan of arrangement, allowing affiliates of Kingswood Capital Management and Forager Capital Management to acquire all outstanding common shares at US $3.65 per share.
- Closing of the transaction is expected by March 16, 2026, subject to satisfaction of remaining conditions.
- Upon completion, Quipt’s shares will be delisted from both the Toronto Stock Exchange and Nasdaq, and the company will cease to be a reporting issuer in all jurisdictions.
Key Details
- Cash consideration: US $3.65 per share for 100% of outstanding common shares.
- Acquirers: Affiliates of Kingswood Capital Management, L.P. and Forager Capital Management, LLC.
- Court approval: Final substantive court order issued by the Supreme Court of British Columbia on March 5, 2026 – the last required judicial step before closing.
- Expected closing date: On or before March 16, 2026, assuming all other terms and conditions are satisfied.
- Delisting: Shares to be removed from TSX and Nasdaq shortly after the arrangement’s completion; Quipt will no longer be a reporting issuer under U.S. and Canadian securities laws.
- Reference documents: Arrangement agreement dated December 14, 2025; management information circular and proxy statement dated January 23, 2026; special shareholders’ meeting materials from March 3, 2026 (available on SEDAR+ and EDGAR).
Notable Quotes
- No direct quotes were included in the release.
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Mar 16, 2026 · 17:15