Sterling Check ( (STER) ) has issued an update.
Sterling Infosystems has completed a significant transaction, resulting in the repayment and termination of its credit agreement and the conversion of its common stock into cash or First Advantage shares. About 41.58% of shareholders opted for stock consideration, while 58.42% chose or defaulted to cash. Sterling’s stock trading on NASDAQ has been halted, and the company is pursuing deregistration, marking a major shift in its financial landscape.
Find detailed analytics on STER stock on TipRanks’ Stock Analysis page.