Quipt Home Medical Corp. (TSXV:QIPT) will look for acquisitions. Quipt Home Medical announced that it has entered into an agreement with Beacon Securities Limited and Canaccord Genuity Corp.

on behalf of a syndicate of underwriters. The Underwriters have agreed to purchase, on a bought deal basis pursuant to the filing of a prospectus supplement, an aggregate of 4.46M common shares in the capital of the company at a price of $7.85 per common share for aggregate gross proceeds to the company of $35.01 million. The company intends to use the proceeds of the offering for repayment of debt, potential future acquisitions, working capital and general corporate purposes.