Altai Capital Management's Schedule 13D Filing for OraSure Technologies

Altai Capital Management, L.P., along with Altai Capital Management, LLC and Rishi Bajaj, filed a Schedule 13D with the SEC regarding their investment in OraSure Technologies, Inc. The filing discloses that the Reporting Persons collectively own 5.13% of OraSure's common stock, amounting to 3,748,836 shares. The shares were acquired for investment purposes, with the Reporting Persons using approximately $11,461,291 in aggregate to purchase the shares. The Reporting Persons have engaged in discussions with OraSure's management and board regarding various matters, including the company's business, management, and strategic direction. They may take further actions to increase shareholder value, such as proposing changes in operations, governance, or capitalization, and acquiring or disposing of additional shares. The filing also includes details of transactions in OraSure's common stock effected by the Reporting Persons over the past 60 days.