OraSure Technologies, Inc.
OSURReporting person: Altai Capital Management, L.P.(fund)
Altai Capital seeks board seats at OraSure Technologies with 5% stake
Primary demands
- board representation
- strategic review
- sale of entire business
- alignment of executive compensation with shareholder returns
No advisor data on record for this deal.
Altai Capital Management, which owns approximately 5% of OraSure Technologies, has nominated Rishi Bajaj and John Bertrand for election to the board at the 2026 Annual Meeting. Altai's letter outlines five pillars for change, citing chronic underperformance (67% stock decline over 5 years), misaligned executive compensation, and the need for a strategic review including potential sale of the company. The firm calls on the board to reach a fair settlement appointing its two nominees to ensure better shareholder returns.