12:51 PM EDT, 10/22/2025 (MT Newswires) -- A Quipt Home Medical ( QIPT ) shareholder said Wednesday that the company's board should conduct a transparent review of all strategic options, including the sale of the company.

Lakeview Opportunity Fund, which said holds a nearly 5% stake in the company, said the review should consider a recent $3.10 per share cash offer from a "credible" bidder.

"Rather than open a constructive dialogue with a real bidder and start exploring all avenues to maximize value, the Board has put shareholder value at risk and started to waste Quipt's limited resources on apparent entrenchment efforts, including a clearly frivolous lawsuit," Lakeview said.

Quipt Home Medical ( QIPT ) shares were 3.4% lower in recent trading.

Price: 2.56, Change: -0.11, Percent Change: -4.01