Third Point Urges Strata Critical Medical to Explore a Sale
Photo: TokenPost
Shares of Strata Critical Medical, Inc. rose Friday, Oct. 16, after Third Point LLC and its CEO, Daniel S. Loeb, urged the medical services company to review strategic options, including a possible sale. The investors disclosed beneficial ownership of 5,126,511 shares, or 5.8% of Strata’s common stock, in a Schedule 13D filed Oct. 15. They identified Oct. 13 as the event date and calculated the stake using 88,466,806 shares outstanding as of July 28, 2026. Two Third Point funds bought 58,743 shares at $4.55 each on Oct. 12 and another 67,768 shares at $4.53 each on Oct. 13.
Source: TokenPost
