Sotera Health Board Changes and Shareholder Stock Sale

Sotera Health ( (SHC) ) has shared an announcement.

Following a recent stock sale by certain shareholders, Sotera Health Company’s Board of Directors will undergo changes as stipulated in the Stockholders Agreement. GTCR, now entitled to one less board member, will see David A. Donnini resigning without any disputes with the company. Additionally, Sotera Health engaged in an underwriting agreement, where stockholders (not the company itself) sold 25 million shares at $15.03 each to Citigroup Global Markets Inc., with the company not benefiting financially from this transaction.

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