Final Court Order Clears US$3.65 Acquisition of Quipt Home Medical by Kingswood and Forager
Quipt Home Medical will be acquired by affiliates of Kingswood Capital and Forager Capital for US$3.65 per share following a final Supreme Court of British Columbia order. Completion is expected by March 16, 2026, after which shares will be delisted from TSX and Nasdaq and reporting obligations will cease.
1. Court Approval
The Supreme Court of British Columbia issued the final order required under the Business Corporations Act to authorize the previously announced arrangement. This ruling removes the last substantive legal hurdle, paving the way for closing.
2. Deal Terms and Acquirers
Affiliates of Kingswood Capital Management and Forager Capital Management will acquire all issued and outstanding common shares at US$3.65 per share. The arrangement agreement was signed on December 14, 2025, and approved by a shareholder vote on March 3, 2026.
3. Delisting and Reporting Cessation
Assuming satisfaction of all closing conditions, the transaction is expected to complete by March 16, 2026. Following completion, Quipt Home Medical’s shares will be delisted from the Toronto Stock Exchange and Nasdaq Capital Markets, and the company will cease to be a reporting issuer.