Quipt confirms Forager's $3.10/share takeover proposal; board rejects as too low

Quipt Home Medical Corp.

Forager Capital Management proposed $3.10/share, down from $3.90/share in Jan 2025 (26% decline).
Board rejected proposal as undervaluing company; cites acquisitions adding $66.6M revenue.
Forager failed to disclose Jan proposal in Schedule 13D; board questions credibility.
Board open to engagement if Forager enters confidentiality agreement and follows proper channels.

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