Provided By Globe Newswire
Last update: Aug 9, 2022
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES
CINCINNATI, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Quipt Home Medical Corp. (“Quipt” or the “Company”) (NASDAQ:QIPT; TSXV:QIPT), a U.S. based leader in the home medical equipment industry, focused on end-to-end respiratory care, is pleased to announce that it has exercised its right (the “Conversion Right”) under the debenture indenture dated March 7, 2019 (the “Indenture”), which governs all of the Company’s 8.0% unsecured convertible debentures issued on March 7, 2019 (the “Debentures”), to convert (the “Conversion”) all of the principal amount outstanding of the remaining Debentures on September 8, 2022 (the “Conversion Date”) into common shares of the Company (the “Common Shares”).
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