Waystar Announces Launch of Secondary Offering of Common Stock

Core Viewpoint - Waystar Holding Corp. announced a secondary offering of 18,000,000 shares of common stock by certain investment funds, including EQT AB, Bain Capital, and Canada Pension Plan Investment Board, with J.P. Morgan acting as the underwriter [1][2]. Company Overview - Waystar is a provider of healthcare payments software, serving approximately 30,000 clients and over 1 million distinct providers, including 16 of the top 20 institutions on the U.S. News Best Hospitals list [5]. - The company's platform processes over 6 billion healthcare payment transactions annually, amounting to over $1.8 trillion in gross claims, covering approximately 50% of U.S. patients [5]. Offering Details - The shares will be offered to the public at a fixed price, which may change without notice, and Waystar will not receive any proceeds from this offering [2][3]. - A registration statement on Form S-3 has been filed with the SEC and has become effective, allowing the offering to proceed [3][4].