Waystar Announces Pricing of Secondary Offering of Common Stock

Core Viewpoint - Waystar Holding Corp. has announced the pricing of an underwritten secondary offering of 18,000,000 shares of common stock at a public price of $39.40 per share, with the offering expected to close on or about September 12, 2025 [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 offering is being conducted by certain investment funds of EQT AB, Bain Capital, LP, and Canada Pension Plan Investment Board, with Waystar not selling any shares or receiving proceeds from the sale [1]. - J.P. Morgan is acting as the underwriter for the offering [2]. - A registration statement on Form S-3 has been filed with the SEC and has become effective [3].