On April 25, 2023, Quipt Home Medical Corp. ("Quipt" or the “Company") closed an approximately C$42.5 million bought deal public offering and concurrent private placement of common shares (the “Common Shares”) in the capital of the Company (the “Offering”). A total of 5,129,000 Common Shares were sold at a price of C$7.85 per Common Share.
The Offering was underwritten by a syndicate co-led by Beacon Securities Limited and Canaccord Genuity Corp. and including Echelon Wealth Partners Inc., Raymond James Ltd., Stifel GMP, Eight Capital, Leede Jones Gable Inc. and M Partners Inc. (collectively, the “Underwriters”).
Fasken advised the Underwriters with a team led by John Sabetti and including Rubin Rapuch, Nazish Mirza and George Soules (Capital Markets and Mergers & Acquisitions) and Mitchell Thaw (Tax Law).
Jurisdiction
- Ontario