May 28 (Reuters) - Healthcare payments company Waystar
said on Tuesday it was targeting a valuation of up to $3.83
billion in its initial public offering in the United States.
Louisville, Kentucky-based Waystar joins a clutch of
companies looking to tap into improving investor appetite for
new listings amid increasing hopes of a soft landing for the
economy.
The company is aiming to raise up to $1.04 billion by
offering 45 million shares at a price range of $20 to $23
apiece.
Waystar will list on the Nasdaq Global Select Market under
the symbol "WAY".
J.P. Morgan Securities, Goldman Sachs and Barclays Capital
are the lead underwriters for the IPO.