EQT, an affiliate of the fund EQT VIII, has successfully completed an underwritten public offering of approximately 14.4 million shares of common stock in Waystar Holding Corp. The offering included the full exercise of the underwriters' option to purchase an additional 1.9 million shares, resulting in aggregate gross proceeds of approximately USD 557.0 million for all selling stockholders. EQT sold around 6.2 million shares and received gross proceeds of about USD 239.6 million, while retaining approximately 32.6 million shares. J.P. Morgan, Goldman Sachs & Co. LLC, and Barclays acted as joint book-running managers for the offering. The company did not sell any shares or receive proceeds from the sale.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Waystar Holding Corp. published the original content used to generate this news brief via PR Newswire (Ref. ID: IO92769) on May 20, 2025, and is solely responsible for the information contained therein.