OraSure confirms receipt of director nominations from Altai Capital

OraSure (OSUR) Technologies confirmed that Altai Capital has nominated two candidates, including the fund’s founder Rishi Bajaj, to stand for election to the company’s board at its 2026 Annual Meeting of Stockholders, stating: “As previously announced, OraSure’s Board has engaged extensively with Altai Capital. The Board interviewed Mr. Bajaj for potential service on the Board and ultimately decided to appoint an alternative candidate to serve as a director at OraSure. Since that time, Altai has not accepted the Board’s offers to make certain of its directors available to engage further. OraSure maintains a strong, independent, and engaged Board. We continually assess our Board composition, and as a result our Board has undergone significant refreshment, bringing in industry perspectives and executive-level experience to provide oversight as management drives growth and value creation… The Nominating and Corporate Governance Committee and OraSure’s Board will review Altai’s nominations, and the Board will present its recommendation in the Company’s definitive proxy statement to be filed with the Securities and Exchange Commission and mailed to stockholders eligible to vote at the Company’s 2026 Annual Meeting of Stockholders, which has not yet been scheduled. OraSure shareholders are not required to take any action at this time.”