Latest news with #Forager
Yahoo
3 days ago
- Business
- Yahoo
Forager requests Quipt Home Medical terminate standstill agreement
Forager said, 'Forager Capital Management, one of the largest shareholders of Quipt Home Medical (QIPT) Corp., requests that Quipt immediately and unequivocally retract its false and misleading statement made in its press release on May 21, 2025 relating to Forager's offer to acquire 100% of Quipt's issued and outstanding common shares at a price of $3.10 per common share. Forager's priority is value crystallization for shareholders and correcting misinformation-not engaging in a public dispute with Quipt. Quipt's characterization of Forager's May 17, 2025 Letter of Intent as 'unsolicited' is disingenuous. Section 9 of the Non-Disclosure and Standstill Agreement entered on February 1, 2025 states that Forager is permitted to make an offer with advance written notice from the Quipt Board of Directors. Forager received an email from the Chairman of the Board of Directors on May 15, 2025 inviting Forager to access additional data so it could make its best offer. Forager determined it had sufficient data to formulate its offer and interpreted the Chairman's email as a good-faith invitation to engage and responded accordingly. Moreover, Forager gave the Board prompt notice pursuant to Section 6 of the Agreement to which Forager never received any objection. Quipt is using Section 9 of the Agreement to paint Forager as a bad actor and to suggest to shareholders that Forager is prohibited from making an offer, while simultaneously using Section 1 to prevent Forager from disclosing relevant, material facts to those same shareholders. Shareholders deserve the opportunity to receive and evaluate all offers that increase shareholder value. Forager requests that Quipt terminate the Agreement. This request is costless and overwhelmingly in the best interest of shareholders.' Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today's best-performing stocks on TipRanks >> Read More on QIPT: Disclaimer & DisclosureReport an Issue Quipt Home Medical Receives Acquisition Proposal from Forager Quipt Home Medical confirms receipt of unsolicited acquisition proposal Quipt Home Medical: Hold Rating Amid Growth Challenges and Sector Headwinds Quipt Home Medical Corp's Mixed Earnings Call Analysis Quipt Home Medical price target lowered to $4 from $6 at Benchmark Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Market Online
21-05-2025
- Business
- The Market Online
Quipt Home Medical addresses hostile takeover bid
Quipt Home Medical (TSX:QIPT) has acknowledged a hostile takeover proposal from Forager Capital Management at C$3.10 per share Quipt specializes in in-home monitoring and disease management services in the United States healthcare market Quipt Home Medical stock has given back 30.72 per cent year-over-year and 28.57 per cent since 2020 Quipt Home Medical (TSX:QIPT), a US home medical equipment provider focused on respiratory care, has acknowledged a hostile takeover proposal from Forager Capital Management at C$3.10 per share. The acknowledgement, prompted by Forager's public bid, follows a non-disclosure and standstill agreement from February 1, 2025, under which Forager agreed to abstain from acquiring Quipt equity or assets for six months without approval from the company's board. According to Wednesday's news release, Quipt's board did not authorize Forager to break confidentiality or issue the non-binding proposal. 'The board remains focused on the best long-term interests of the company to drive sustainable value for its shareholders,' the news release goes on to state, with financial and legal advisory ongoing, though no further comments on the proposal will be issued unless required by law. Quipt more than tripled revenue from US$72.64 million in 2020 to US$245.94 million in 2024, generating positive operating income in 4 of 5 years over the period. Net income, however, has been elusive, with the company posting a positive number under the metric in only one year since 2020. About Quipt Home Medical Quipt specializes in in-home monitoring and disease management services in the United States healthcare market. Quipt Home Medical stock (TSX:QIPT) last traded at C$3. The stock has given back 30.72 per cent year-over-year and 28.57 per cent since 2020. Join the discussion: Find out what everybody's saying about this medical device stock on the Quipt Home Medical Corp. Bullboard and check out the rest of Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
Business Wire
01-05-2025
- Business
- Business Wire
Brightseed and Haleon Announce Strategic Collaboration to Harness AI for Small Molecule Discovery and Human Health Innovation
LONDON & SAN FRANCISCO--(BUSINESS WIRE)--Haleon (LSE: HLN), a global leader in consumer health, and Brightseed, the pioneer in AI-driven discovery of bioactive compounds, announced a new collaboration to advance the discovery of plant-based, small molecules with the potential to improve human health. This partnership will leverage Brightseed's proprietary AI platform, Forager®, as a solution to accelerate scientific insights into the natural world and support Haleon's mission to deliver innovative, science-led health solutions. "By integrating Forager® into its research ecosystem, Haleon is furthering its commitment to improving everyday health with scientifically validated, nature-inspired solutions.' Share Forager is a cutting-edge, artificial intelligence platform that maps bioactives—compounds in plants and other natural sources that influence human biology—and identifies their mechanisms of action. In addition to this collaboration agreement, Brightseed will work with Haleon to make Forager directly accessible to Haleon's scientists, enabling efficient natural bioactive discovery by integrating AI-powered discovery into their research and product development pipelines. 'We are thrilled with this partnership that augments our scientific capabilities towards groundbreaking advancements,' said Sandrine Alvarado, VP and Head of Future Horizons R&D at Haleon. 'This collaboration is pivotal in accelerating discoveries and innovations that are firmly rooted in superior, trusted science and the highest standards of scientific integrity.' Brightseed's AI-driven approach to bioactive discovery has already yielded key insights into plant compounds with potential applications across metabolic health, gut health, immunity, and more. This collaboration aligns with Haleon's commitment to science-backed innovation and the pursuit of next-generation natural health solutions. 'Forager's AI not only accelerates innovation, it also expands possibilities in ways that would have been otherwise intractable, ' said Lee Chae, Co-Founder and CEO at Brightseed. ' With this collaboration, Haleon is poised to translate those possibilities into an engine for growth. By integrating Forager® into its research ecosystem, Haleon is furthering its commitment to improving everyday health with scientifically validated, nature-inspired solutions.' About Haleon Haleon (LSE / NYSE: HLN) is a global leader in consumer health, with a purpose to deliver better everyday health with humanity. Haleon's product portfolio spans five major categories - Oral Health, Pain Relief, Respiratory Health, Digestive Health and Other, and Vitamins, Minerals and Supplements (VMS). Its long-standing brands - such as Advil, Sensodyne, Panadol, Voltaren, Theraflu, Otrivin, Polident, parodontax and Centrum - are built on trusted science, innovation and deep human understanding. About Brightseed Brightseed is an AI-driven biosciences company unlocking the power of nature to improve human health. Its proprietary AI platform, Forager®, identifies bioactive compounds in plants and natural sources and maps their impact on human biology at an unprecedented scale. Brightseed partners with global companies in consumer health, functional ingredients, and nutrition to accelerate the discovery and commercialization of science-backed health solutions. For more information, visit and
Irish Independent
24-04-2025
- Health
- Irish Independent
Restival 2025 in Waterford to feature Qigong, Wim Hof, forest bathing and Karl Henry
The event will offer two days of escapism, with guided yoga classes led by Catherine O'Donoghue, a sound healing session with Tidal Soul Wellness, pilates classes with Helen O'Donovan, Qigong with Hellen Kang-Griffith, and a workout with Karl Henry. There will also be guided Shinrin-yoku forest bathing walks and health and wellness talks, including a Wim Hof Method talk with expert Marta Vera. Throughout the weekend, guests can look forward to a variety of experiences. Award-winning life coach and NLP practitioner Tara Rafter will share transformative strategies for personal growth. Louise Ryan from Sunfleck will explore the calming power of nature and its role in managing daily stress. Writer, social entrepreneur, and thought leader Sonya Lennon will deliver a headline talk, offering reflections on living with intention and purpose. John Lonergan and Caroline Crotty will present a session on cultivating a positive mental health attitude, while renowned herbalist and founder of Forager, Feebee Foran, will share her expertise in natural skincare and the healing properties of plants. In the areas of upward-trending wellness, Wim Hof Method expert Marta Vera will introduce the benefits of cold-water therapy. TedX speaker Dr Mark Rowe will guide immersive forest bathing walks through the gardens, inviting guests to experience nature's therapeutic power in full bloom. Hellen Kang-Griffith will lead a Qigong demonstration, where participants will be guided through mindful movements, breathwork, and energy flow practices rooted in ancient Chinese tradition. Whether you're new to Qigong or simply curious, this demonstration offers a moment to reconnect with your body, calm the mind, and awaken your inner vitality, all in the serene surroundings of nature. Expert in health and well-being Dr Mark Rowe embraces forest bathing, a practice developed in Japan during the 1980s that has become a cornerstone of preventive healthcare and healing in Japanese medicine. It is proven to lower heart rate and blood pressure, reduce stress hormones, boost the immune system, and improve overall feelings of well-being. Expert guides will lead soothing Shinrin-yoku experiences through meditative ecotherapy excursions in the gardens. Guests are invited to partake in a 1.5-hour Shinrin-yoku guided walk exploring the peaceful areas of the gardens and can seek out restful spots to sit under the canopy of ancient trees. Dr Rowe said: 'Spending time in nature can be simply so restorative and relaxing, a tremendous way to destress after a busy day at work. The majestic Mount Congreve Gardens are a forest bathing paradise, surrounded by trees and set on 70 acres on the banks of Waterford's River Suir.' Wim Hof, known as The Iceman, is a Dutch motivational speaker and extreme athlete celebrated for his ability to withstand low temperatures. He previously held a Guinness World Record for swimming under ice, prolonged full-body contact with ice, and holds a record for a barefoot half-marathon on ice and snow. Marta Vera, who will speak at Restival, is a certified Wim Hof Method instructor, fitness coach, and breathwork expert. Tickets for Restival 2025 are available online at priced at €39 per day or €65 for a weekend pass. Spaces are limited to preserve the peaceful atmosphere and ensure every guest enjoys an intimate and enriching experience. For those wishing to extend their stay and fully immerse themselves in the Restival experience, onsite accommodation is available at the Estate Gate Lodge, the Court Yard Suite, the forest cabins with private hot tubs, and the off-grid bell tents, all located within Mount Congreve Gardens. Accommodation packages are available for the May bank holiday weekend, from Friday May 2 –5, starting from €445 for two people sharing for a two-night stay. Guests staying for the weekend will also receive a gift from Feebee the Forager. For group rates, contact reservations@
AU Financial Review
23-04-2025
- Business
- AU Financial Review
How Forager's Johnson topped the fundie tables by embracing passive
Steve Johnson's Forager Funds Management has returned to the top of Mercer's investment survey beating his fund manager rivals over one year by embracing rather than fighting the huge amount of passive money flowing on to the ASX. Forager's $172 million Australian Shares Fund returned 21.7 per cent before fees in the 12 months to March 31, smashing the S&P/ASX 300 Index's 2.6 per cent return and trouncing 123 other equity strategies by a huge margin – the second-ranked Chester Opportunities Fund rose 13 per cent.
