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business17h ago
Quipt to be acquired for US$3.65/share; delisting from TSX and NASDAQ expected
- Quipt is being acquired at US$3.65 per share, triggering delisting from TSX and NASDAQ after closing.
- Final court approval granted by the Supreme Court of British Columbia for the plan of arrangement.
- Affiliates of Kingswood Capital Management and Forager Capital will acquire all common shares.
- The transaction is subject to customary closing conditions and expected to close by March 16, 2026 if satisfied.
- Quipt plans to delist from TSX and NASDAQ and cease reporting after closing.
- The source notes the summary is AI-powered and may contain inaccuracies; verification is advised.
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