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Quipt Home Medical Announces Up-listing to the Toronto Stock Exchange Cincinnati, Ohio

Key Takeaway: Quipt Home Medical Announces Up-listing to the Toronto Stock Exchange Cincinnati, Ohio - June 20, 2023 - Quipt Home Medical Corp. ("Quipt" or the "Company") (NASDAQ:QIPT; TSXV:QIPT), a U.S. based home medical equipment provider, focused on end-to-end respiratory care, is very

Full Press Release Details

Quipt Home Medical Announces Up-listing to the
Toronto Stock Exchange
Cincinnati, Ohio - June 20, 2023 -
Quipt Home Medical Corp. ("Quipt" or the "Company") (NASDAQ:QIPT; TSXV:QIPT), a U.S. based home
medical equipment provider, focused on end-to-end respiratory care, is very pleased to announce that it has received final approval to
list its common shares on the Toronto Stock Exchange (the "TSX") and will commence trading on the TSX at market open
on June 21, 2023 under the symbol "QIPT". Concurrent with the commencement of trading on the TSX, the common shares will
be delisted and will cease trading on the TSX Venture Exchange.
"We are incredibly proud to announce the
commencement of trading on the Toronto Stock Exchange. This significant milestone underscores our commitment to growth and provides a
strong foundation for our investors. As we work to establish ourselves as a national leader in respiratory care across the United States,
our ability to list on the TSX shows the sustained expansion of our organization over the years and the ongoing momentum across the business,"
said Greg Crawford, Chairman and CEO of Quipt. "We believe that this listing will provide us with increased visibility and access
to a broader investor base, which will further support our mission to deliver exceptional value to our shareholders. We're excited
about this next step in our journey and are deeply appreciative of the support from our investors, our team, and the TSX."
Shareholders are not required to exchange their
share certificates or take any other action in connection with the TSX listing. There will be no change in the trading symbol or CUSIP
for the common shares. In addition, the Company's common shares will continue to trade on NASDAQ in the United States under the
ABOUT QUIPT HOME MEDICAL CORP.
The Company provides in-home monitoring and disease
management services including end-to-end respiratory solutions for patients in the United States healthcare market. It seeks to continue
to expand its offerings to include the management of several chronic disease states focusing on patients with heart or pulmonary disease,
sleep disorders, reduced mobility, and other chronic health conditions. The primary business objective of the Company is to create shareholder
value by offering a broader range of services to patients in need of in-home monitoring and chronic disease management. The Company's
organic growth strategy is to increase annual revenue per patient by offering multiple services to the same patient, consolidating the
patient's services, and making life easier for the patient.
Certain statements contained in this press
release constitute "forward-looking information" as such term is defined in applicable Canadian securities
legislation. The words "may", "would", "could", "should", "potential", "will",
"seek", "intend", "plan", "anticipate", "believe", "estimate", "expect",
"outlook", and similar expressions as they relate to the Company, including: the Company establishing itself
as a national leader in respiratory care across the United States; and the Company believing that its TSX listing will provide it with
increased visibility and access to a broader investor base ; are intended to identify forward-looking information. All statements
other than statements of historical fact may be forward- looking information. Such statements reflect the Company's
current views and intentions with respect to future events, and current information available to the Company, and
are subject to certain risks, uncertainties and assumptions. Many factors could cause the actual results, performance
or achievements that may be expressed or implied by such forward-looking information to vary from those described
herein should one or more of these risks or uncertainties materialize. Examples of such risk factors include, without
limitation: risks related to credit, market (including equity, commodity, foreign exchange and interest rate), liquidity,
operational (including technology and infrastructure), reputational, insurance, strategic, regulatory, legal, environmental,
and capital adequacy; the general business and economic conditions in the regions in which the Company operates; the
ability of the Company to execute on key priorities, including the successful completion of acquisitions, business
retention, and strategic plans and to attract, develop and retain key executives; difficulty integrating newly acquired
businesses; the ability to implement business strategies and pursue business opportunities; low profit market segments;
disruptions in or attacks (including cyber-attacks) on the Company's information technology, internet, network access
or other voice or data communications systems or services; the evolution of various types of fraud or other criminal
behavior to which the Company is exposed; the failure of third parties to comply with their obligations to the Company
or its affiliates; the impact of new and changes to, or application of, current laws and regulations; decline of reimbursement
rates; dependence on few payors; possible new drug discoveries; a novel business model; dependence on key suppliers;
granting of permits and licenses in a highly regulated business; the overall difficult litigation environment, including
in the U.S.; increased competition; changes in foreign currency rates; increased funding costs and market volatility
due to market illiquidity and competition for funding; the availability of funds and resources to pursue operations;
critical accounting estimates and changes to accounting standards, policies, and methods used by the Company; the
occurrence of natural and unnatural catastrophic events and claims resulting from such events; and risks related to
COVID-19 including various recommendations, orders and measures of governmental authorities to try to limit the pandemic,
including travel restrictions, border closures, non-essential business closures, quarantines, self-isolations, shelters-in-place
and social distancing, disruptions to markets, economic activity, financing, supply chains and sales channels, and
a deterioration of general economic conditions including a possible national or global recession; as well as those
risk factors discussed or referred to in the Company's disclosure documents filed with United States Securities
and Exchange Commission and available at www.sec.gov, and with the securities regulatory authorities in certain provinces
of Canada and available at www.sedar.com. Should any factor affect the Company in an unexpected manner, or should
assumptions underlying the forward-looking information prove incorrect, the actual results or events may differ materially
from the results or events predicted. Any such forward-looking information is expressly qualified in its entirety
by this cautionary statement. Moreover, the Company does not assume responsibility for the accuracy or completeness
of such forward-looking information. The forward-looking information included in this press release is made as of
the date of this press release and the Company undertakes no obligation to publicly update or revise any forward-looking
information, other than as required by applicable law .
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
further information please visit our website at www.Quipthomemedical.com, or contact:
VP of Corporate Development
Quipt Home Medical Corp.
Chief Executive Officer
Quipt Home Medical Corp.
Last updated: Jun 20, 2023