Waystar (WAY) announced that certain investment funds of EQT AB and Bain Capital, LP, and Canada Pension Plan Investment Board, and their respective affiliates, intend to offer for sale in an underwritten secondary offering 18M shares of common stock of Waystar pursuant to a registration statement filed by Waystar with the SEC. Waystar is not selling any shares and will not receive any proceeds from the sale of shares in the offering by the Selling Stockholders. J.P. Morgan is acting as the underwriter for the offering.
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