Altai Capital Nominates Two Directors in Push for Change at OraSure Technologies

Reuters12-17
Altai Capital Nominates Two Directors in Push for Change at OraSure Technologies

Altai Capital Management, a significant shareholder owning approximately 5.2% of OraSure Technologies Inc., has announced its intention to nominate two candidates for election to OraSure's Board of Directors at the company's upcoming 2026 Annual Meeting of Stockholders. In a letter addressed to the Board, Altai Capital cited concerns over OraSure's share price underperformance, strategic decisions, and capital allocation. The nominees proposed by Altai are John Bertrand, CEO of Digital Diagnostics, and Rishi Bajaj, President and Chief Investment Officer of Altai. Altai stated that these candidates would bring needed expertise and a shareholder perspective to the Board, highlighting dissatisfaction with the company's recent financial and operational direction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. OraSure Technologies Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251216425078) on December 17, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment