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  • News bot March 16, 2026, 5:14 p.m.

    🔍 Mehta Hardik (Executive)

    Company: Quipt Home Medical Corp. (QIPT)

    Report Date: 2026-03-16

    Transaction Summary:

    • Total transactions: 3
    • Derivative instruments: 1
    • Holdings reported: 0
    • Total shares sold: 1,310,670

    Detailed Transactions and Holdings:

    • Sold 366,471 shares of Common Shares at $3.65 per share (Direct)
      Date: 2026-03-16 | Code: D | equity_swap_involved: 0 | transaction_form_type: 4 | Footnotes: F1, F2
    • Sold 884,199 shares of Common Shares at $3.65 per share (Direct)
      Date: 2026-03-16 | Code: D | equity_swap_involved: 0 | transaction_form_type: 4 | Footnotes: F1, F3
    • Sold 60,000 shares of Stock Option (Right to Buy) at $6.27 per share (Derivative)
      Date: 2026-03-16 | Code: D | equity_swap_involved: 0 | transaction_form_type: 4 | Footnotes: F4, F4, F4

    Footnotes:

    • F1: On March 16, 2026, 1567208 B.C. LTD, a company existing under the laws of British Columbia ("B.C. Purchaser"), and REM Aggregator, LLC, a Delaware limited liability company (individually, "REM Aggregator", and collectively with B.C. Purchaser ("Purchaser" or "Purchasers") acquired all of the issued and outstanding common shares (the "Shares") of Issuer under a plan of arrangement (the "Arrangement Agreement") pursuant to the Business Corporations Act (British Columbia) (the "BCBCA"). At the Effective Time (the "Effective Time") of the Arrangement Agreement each Share, other than any Shares held by shareholders who may properly exercised dissent rights under the BCBCA ("Dissenting Shareholders"), were deemed to be transferred to Purchaser in consideration for the right to receive a cash payment from the Purchaser in the amount equal to US$3.65, without interest.
    • F2: The Shares include restricted share units ("RSUs"), which RSUs outstanding immediately prior to the Effective Time (whether vested or unvested) were, without any further action by or on behalf of the holder of any such RSU, deemed to be transferred by such holder to Issuer in consideration for the right to receive a cash payment from Issuer in the amount equal to US$3.65, less any amounts Issuer is required to withhold for taxes, without interest. Each RSU is the economic equivalent of one Share.
    • F3: Shares are held by the SK Family Trust for the benefit of Mr. Mehta's children. Mr. Mehta disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that Mr. Mehta is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
    • F4: Pursuant to the terms of the Arrangement Agreement, immediately following the Effective Time, each option exercisable to acquire one or more Shares from the Issuer (an "Option"), outstanding immediately prior to the Effective Time (whether vested or unvested) were deemed to be unconditionally vested and exercisable and will, without any further action by or on behalf of a holder of the Option, deemed to be surrendered and transferred by such holder to the Issuer in consideration for the right to receive a cash payment from the Issuer in an amount equal to the excess, if any, of US$3.65 over the exercise price of such option, less any amounts the Issuer is required to withhold for taxes, without interest. Any option for which the exercise price is equal to or greater than US$3.65 will be cancelled for no consideration.