04:22 AM EST, 02/21/2025 (MT Newswires) -- Waystar Holding ( WAY ) said late Thursday that it priced its underwritten public offering of 20 million shares, sold by investment funds of EQT AB, Bain Capital, and Canada Pension Plan Investment Board at $40 per share.
The company said the selling stockholders also gave underwriters a 30-day option to buy up to 3 million additional shares.
Waystar ( WAY ) will not receive any proceeds from this sale, and the offering is expected to close around Feb. 24.