Forager Capital Management, a significant shareholder of Quipt Home Medical Corp., publicly requested that Quipt immediately retract its statement from May 21, 2025. Quipt had characterized Forager's $3.10 per share acquisition offer as unsolicited.
Forager also demanded that Quipt immediately and unequivocally terminate the Non-Disclosure and Standstill Agreement between the parties. This agreement, dated February 1, 2025, included provisions restricting Forager's actions.
Forager stated its priority is value crystallization for shareholders and correcting misinformation, rather than engaging in a public dispute. This public demand indicates an escalation in the ongoing engagement between the activist investor and the company's Board.
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