Core Viewpoint - Waystar Holding Corp. is conducting a public offering of 20 million shares at a price of 40.00 per share, with no proceeds going to the company itself [1] Group 1: Offering Details - The offering includes a 30-day option for underwriters to purchase an additional 3 million shares [1] - The offering is led by an underwriting group that includes J.P. Morgan, Goldman Sachs & Co. LLC, and Barclays [2] - The expected closing date for the offering is around February 24, 2025, subject to customary closing conditions [1] Group 2: Company Overview - Waystar provides healthcare payments software and serves approximately 30,000 clients, representing over 1 million distinct providers [6] - The company processes over 6 billion healthcare payment transactions annually, amounting to over 1.8 trillion in gross claims [6] - Waystar's platform spans approximately 50% of U.S. patients and aims to simplify healthcare payments to allow providers to focus on patient care [6]
Waystar Announces Pricing of Public Offering of Common Stock