Quipt Home Medical Corp has entered into a definitive agreement to be acquired by affiliates of Kingswood Capital Management, L.P. and Forager Capital Management, LLC at a fixed price of $3.65 per share. The transaction represents a strategic exit for Quipt’s existing investors and is expected to close upon customary regulatory and shareholder approvals.

Investor rights firm Halper Sadeh LLC announced an inquiry into the deal for potential violations of federal securities laws and breaches of fiduciary duties. The firm alleges that the transaction terms may limit superior competing offers and could confer disproportionate financial benefits to insiders.

Quipt shareholders may pursue claims seeking increased consideration or additional disclosures if fiduciary breaches are substantiated. Any legal challenge could delay closing, trigger renegotiations of deal terms, or result in supplemental payments under contingent-fee arrangements.