
Corporate GovernanceMay 13, 2026, 04:17 PM
Sotera Health Stockholders Agreement Terminates; Sponsors Exit
AI Summary
On May 13, 2026, Sotera Health Company's Stockholders Agreement, dated November 19, 2020, terminated following the completion of an offering where affiliates of Warburg Pincus LLC and GTCR LLC (the "Sponsors") sold all their 31,838,253 shares of common stock. The shares were sold at $15.168 per share, with the Company not issuing any shares or receiving any proceeds from the transaction. As a result, the Sponsors no longer own common stock and their special corporate governance rights, including the right to designate directors, have ended.
Key Highlights
- Sotera Health's Stockholders Agreement terminated on May 13, 2026.
- Selling stockholders sold 31,838,253 shares of common stock.
- Shares were sold at a price of $15.168 per share.
- The Company did not issue shares or receive any proceeds from the sale.
- Affiliates of Warburg Pincus LLC and GTCR LLC (Sponsors) no longer own common stock.
- Sponsors' special corporate governance rights, including director designation, have ended.
Price Impact
More from SHC