The offering resulted in aggregate gross proceeds of c. USD557.0 million, of which EQT received c. USD239.6 million
NEW YORK, May 20, 2025 /PRNewswire/ -- An affiliate of the fund known as EQT VIII ("EQT") is pleased to announce the completion of an underwritten public offering (the "Offering") of c. 14.4 million shares of common stock of Waystar Holding Corp. (NASDAQ: WAY) (the "Company") ("Shares"), which included the full exercise of the underwriters' option to purchase c. 1.9 million additional shares of common stock, for aggregate gross proceeds of c. USD557.0 million to all the selling stockholders. As part of the Offering, EQT sold c. 6.2 million Shares (and now holds c. 32.6 million Shares) and received gross proceeds of c. USD239.6 million. The remaining Shares sold in the Offering were sold by other stockholders of the Company. J.P. Morgan, Goldman Sachs & Co. LLC and Barclays acted as joint book-running managers of the Offering, which was completed with respect to the base Shares on May 16, 2025 and with respect to the additional Shares on May 20, 2025, and as representatives of the several underwriters. The Company did not sell any Shares in the Offering and did not receive any proceeds from the sale of the Shares sold by EQT and the other stockholders.
Contact
EQT Press Office, [email protected]
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/eqt/r/eqt-completes-public-offering-of-common-stock-of-waystar-holding-corp-,c4153075
The following files are available for download:
https://mb.cision.com/Main/87/4153075/3460542.pdf Press Release, EQT VIII, Waystar, 200525Cision
View original content:https://www.prnewswire.co.uk/news-releases/eqt-completes-public-offering-of-common-stock-of-waystar-holding-corp-302461143.html
View Comments
EQT completes public offering of common stock of Waystar Holding Corp.
You are reading a free article with opinions that may differ from the recommendation given by Kalkine in its paid research reports. Become a Kalkine member today to get access to our research reports, in-depth technical and fundamental research. Learn more
Start Your Free Trial Now!Download Free Report – Explore 3 Stock Ideas & Industry Insights
Unlock 3 stock ideas and key industry insights in our free report. This information is general in nature and does not consider your personal objectives, financial situation, or needs. It is not financial advice.
All investments involve risk—consider independent advice before making any investment decisions.
View 3 Research ReportsThis information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on ‘as is’ basis, using their API. The information and data provided on this page, as well as via the API, are not guaranteed to be real-time or accurate. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general informational purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine does not assume any responsibility for any trading losses you might incur as a result of using this information, data, or any analyst rating or recommendation provided. Kalkine will not accept any liability for any loss or damage resulting from reliance on the information, including but not limited to data, quotes, charts, analyst ratings, recommendations, and buy/sell signals sourced via the API.
Please be fully informed about the risks and costs associated with trading in the financial markets, as it is one of the riskiest forms of investment. Kalkine does not provide any warranties regarding the information on this page, including, without limitation, warranties of merchantability or fitness for a particular purpose or use.
Please wait processing your request...