Added to YB: 2025-08-28
Pitch date: 2025-08-26
QIPT [bullish]
Quipt Home Medical Corp.
+0.56%
current return
Author Info
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Company Info
Quipt Home Medical Corp., through its subsidiaries, engages in the provision of durable and home medical equipment and supplies in the United States.
Market Cap
CAD 103.7M
Pitch Price
CAD 3.58
Price Target
3.10 (-14%)
Dividend
N/A
EV/EBITDA
4.00
P/E
-9.97
EV/Sales
0.78
Sector
Health Care Providers and Services
Category
special_situation
Easy Arbitrage Opportunity with Upside - Quipt Home Medical Corp.
QIPT: Forager Capital takeover offer at $3.10/share vs current ~$2.65 price = 15-20% arb upside. Forager owns 9.7%, financing secured, indicates willingness to raise offer if board engages or superior bid emerges. Go-shop provision allows board to solicit higher offers. Stock traded $6 recently.
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