Private equity firm initiates secondary offering, Sotera Health stock price drops 4.2%

LootboxPhobia · 2026-03-05T22:13:42+00:00

Sotera Health's stock price dropped 4.2% to $15.10 as it announced a secondary offering of 25 million shares, with Warburg Pincus and GTCR planning to sell some of their holdings.

LootboxPhobia

2026-03-05 22:13:42

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Investing.com – During Thursday’s pre-market trading, Sotera Health (NYSE:SHC) stock fell 4.2% to $15.10 after the disinfectant solutions and laboratory testing company announced a secondary offering.

The company, headquartered in Broadview Heights, Ohio, said Wednesday evening that private equity firms Warburg Pincus and GTCR will sell 25 million shares.

According to the prospectus, prior to the offering, Warburg Pincus owned approximately 34.1 million shares, representing about 12% of Sotera Health. GTCR held about 22.7 million shares, accounting for roughly 8% of the company’s approximately 2.844 billion outstanding shares.

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