Reported 6 months ago
Waystar Holding Corp., a health-care payments software maker, has priced its initial public offering at the midpoint of the marketed range, raising $968 million, making it one of the largest listings in 2024 so far. The company sold 45 million shares for $21.50 each, with plans to use the net proceeds to repay debt. Neuberger Berman and the Qatar Investment Authority have shown interest in buying shares, and Waystar is expected to begin trading on the Nasdaq Global Select Market under the symbol WAY.
Source: YAHOO