What was the IPO price of Sotera?
Sotera Health Company, a leading global provider of mission-critical sterilization, lab testing, and advisory services to the medical device and pharmaceutical industries, priced its initial public offering at twenty-three U.S. dollars per share. The offering positioned the equity at the upper end of its anticipated range, successfully raising over one billion dollars in gross proceeds and commanding a multi-billion-dollar valuation upon its debut on the Nasdaq global select market. The capital enabled the enterprise to optimize its capital structure and fund continued expansion across global healthcare markets.
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