An affiliate of EQT VIII announced on February 24, 2025, the completion of an underwritten public offering of 23 million shares of Waystar Holding Corp. common stock. The offering generated aggregate gross proceeds of $920 million for all selling stockholders.
As part of the offering, EQT sold approximately 9.8 million shares, receiving gross proceeds of about $393 million. Following this transaction, EQT now holds approximately 38.8 million Waystar shares.
Waystar Holding Corp. did not sell any shares in this offering and did not receive any proceeds from the sale of shares by EQT and the other stockholders. J.P. Morgan, Goldman Sachs & Co. LLC, and Barclays acted as joint book-running managers for the offering.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.