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.
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