Quipt Board Urged to Initiate Legitimate Review of Strategic Options Including $3.10 All-Cash Offer

Lakeview Opportunity Fund, a nearly 5% owner of Quipt Home Medical Corp., urges the company's board to initiate a legitimate review of all strategic options, including a sale, following a credible bidder's $3.10 all-cash offer. The board is accused of undermining shareholder interests by failing to engage in good faith with the bidder and wasting company resources on entrenchment efforts. Lakeview believes the board should consider the public facts and the enormous value destruction overseen by Quipt's leadership.