Waystar Holding (WAY) said late Tuesday that certain selling stockholders are offering 18 million common shares.
The selling stockholders are being offered by certain investment funds of EQT AB, Canada Pension Plan Investment Board, Bain Capital and their affiliates.
The selling stockholders are planning to grant the underwriters a 30-day option to purchase up to 2.7 million common shares.
Waystar said it will not receive any proceeds from the offering.
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