EQT completes public offering of common stock of Waystar Holding Corp.

Whats Happening:

An affiliate of EQT VIII has completed a public offering of approximately 14.4 million shares of Waystar Holding Corp. common stock, including the full exercise of the underwriters' option. The offering raised total gross proceeds of about $557.0 million, with EQT receiving approximately $239.6 million for selling 6.2 million shares. EQT now holds about 32.6 million shares of Waystar.

Key Moves:

• EQT affiliate completes public offering of Waystar Holding Corp. shares

• Total gross proceeds of $557.0 million raised from the offering

• EQT sells 6.2 million shares for $239.6 million, retaining 32.6 million shares

By The Numbers:

• 14.4 million shares of Waystar Holding Corp. sold in the offering

• EQT received $239.6 million in gross proceeds

• EQT now holds approximately 32.6 million shares of Waystar

Bottom Line:

EQT's successful public offering of Waystar Holding Corp. shares demonstrates the fund's ability to monetize its investments while maintaining a significant stake. The transaction provides liquidity for EQT and other selling stockholders while potentially broadening Waystar's shareholder base.

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