08:16 AM EST, 03/04/2025 (MT Newswires) -- Quipt Home Medical ( QIPT ) on Tuesday said Kanen Wealth Management has agreed to withdraw its notice of its intention to solicit proxies for four director candidates at the upcoming annual general meeting.

In return, Kanen has been granted certain Board access rights for as long as it maintains a minimum 3.5% stake in Quipt.

Quipt will also establish a committee to review and provide analysis and non-binding recommendations on Kanen's previously-communicated suggestions on governance and other operational areas.