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

Reuters
Jan 15
Altai Capital Nominates Two Directors in Push for Change at OraSure Technologies

Altai Capital Management, one of the largest shareholders of OraSure Technologies Inc., has nominated two candidates—John Bertrand, Co-Founder of Digital Diagnostics, and Rishi Bajaj, President and Chief Investment Officer of Altai—for election to the OraSure Board of Directors at the company’s 2026 Annual Meeting of Stockholders. Altai, which owns approximately 5.2% of OraSure’s outstanding common stock, cited concerns about the company’s share price underperformance and criticized the current Board’s strategic and capital allocation decisions. The nominations follow a letter from Altai to the Board outlining these concerns and advocating for new expertise and shareholder perspective on the Board.

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