Sotera Health Director GTCR INVESTMENT XI LLC Sells 8M Shares at $15.11/Share.

Sotera Health Co. [SHC] has recently disclosed that Director and 10% Owner GTCR Investment XI LLC has executed a transaction involving the sale of 8,000,000 shares at a price of $15.11 per share on September 5, 2025.

Sotera Health Company (NASDAQ: SHC) has announced a secondary offering of 20 million shares of its common stock, with a par value of $0.01 per share. The offering, which is set to take place on September 5, 2025, is being executed by certain affiliates of Warburg Pincus and GTCR as selling stockholders. Notably, GTCR Investment XI LLC, a 10% owner and director of the company, has agreed to sell 8 million shares at a price of $15.11 per share Sotera Health Announces Secondary Offering of Common Stock^[2].

The proceeds from the offering will not be received by the company itself, but rather will be used to cover the expenses related to the offering under the company's Amended and Restated Registration Rights Agreement. Goldman Sachs & Co. LLC is acting as the underwriter for the offering, and the securities have been registered with the Securities and Exchange Commission (SEC) Sotera Health Announces Secondary Offering of Common Stock^[2].

Sotera Health, a leading global provider of end-to-end sterilization solutions and lab testing services, is committed to its mission of "Safeguarding Global Health." The company operates through three main businesses: Sterigenics®, Nordion®, and Nelson Labs®. The secondary offering is expected to help the company maintain its financial health and continue to support its growth initiatives Sotera Health announces secondary offering of common stock^[1].

This announcement comes at a time when the healthcare industry is experiencing significant growth, driven by increasing demand for sterilization services and lab testing solutions. Sotera Health's strong market position and commitment to innovation make it a key player in this sector.

References:
Sotera Health announces secondary offering of common stock^[1] https://seekingalpha.com/news/4492056-sotera-health-announces-secondary-offering-of-common-stock
Sotera Health Announces Secondary Offering of Common Stock^[2] https://finance.yahoo.com/news/sotera-health-announces-secondary-offering-205700324.html