On May 15, 2023, Quipt Home Medical Corp. announced an at-the-market (ATM) equity offering of up to US$40 million (C$54 million) through sales on the TSX Venture Exchange, Nasdaq, or other platforms. The offering closed shortly after, with Canaccord Genuity LLC, Canaccord Genuity Corp., and Beacon Securities Limited acting as joint agents. Legal advisors included DLA Piper (Canada) LLP, DLA Piper LLP (US), Fasken Martineau DuMoulin LLP, and Dorsey & Whitney LLP.

Proceeds were allocated to debt repayment, acquisitions, working capital, and general purposes. The TSXV conditionally approved the additional listing. Agents received up to a 3% commission on gross sales, with total offering expenses estimated at US$350,000 (C$472,000).