Waystar Announces Secondary Offering Of 18M Shares By EQT, Bain Capital, And CPP Investments; Company Receives No Proceeds

Waystar Holding Corp. -0.13%

Waystar Holding Corp.

WAY

23.74

-0.13%

Waystar Holding Corp. (NASDAQ:WAY) ("Waystar"), a provider of leading healthcare payments software, today announced that certain investment funds of EQT AB and Bain Capital, LP, and Canada Pension Plan Investment Board (CPP Investments), and their respective affiliates (collectively, the "Selling Stockholders") intend to offer for sale in an underwritten secondary offering 18,000,000 shares of common stock of Waystar pursuant to a registration statement filed by Waystar with the Securities and Exchange Commission (the "SEC").

 

The underwriter proposes to offer the shares of common stock to the public at a fixed price, which may be changed at any time without notice. Waystar is not selling any shares and will not receive any proceeds from the sale of shares in the offering by the Selling Stockholders. 

J.P. Morgan is acting as the underwriter for the offering.

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