Sotera Health Co. (SHC) Announces Secondary Offering of Common Stock
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Sotera Health Announces Secondary Offering of Common Stock
September 4, 2024 4:41 PM EDTCLEVELAND, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Sotera Health Company (Nasdaq: SHC) (the Company) today announced the launch of a secondary offering (the Offering) of 25,000,000 shares of its common stock, par value $0.01 per share. All 25,000,000 shares are being offered for sale by certain affiliates of Warburg Pincus LLC (Warburg Pincus) and GTCR LLC (GTCR) as selling stockholders. No other entities, and no individuals, are selling shares in the Offering. It is expected that, as a result of the Offering, the Companys sponsors (affiliates of Warburg Pincus and GTCR) will cease to own a majority of the Companys outstanding... More
