IPO - Waystar Holding Corp.
Form Type: S-1
Filing Date: 2025-05-13
Corporate Action: Ipo
Type: New
Accession Number: 000110465925047615
Filing Summary: Waystar Holding Corp. has filed an S-1 registration statement with the U.S. Securities and Exchange Commission to publicly offer 12,500,000 shares of its common stock. The selling stockholders are the only parties offering shares, and Waystar will not receive any proceeds from these sales. The company is positioned as an emerging growth business and will comply with certain reduced reporting requirements. To date, Waystar has facilitated over six billion healthcare payments transactions and served more than 30,000 clients. The firm states its mission to enhance healthcare payments through its cloud software, improving efficiency and accuracy. With the last reported sale price at $40.30 per share on May 12, 2025, the company highlights significant market potential, estimating its total addressable market to grow from $15 billion in 2022 to nearly $20 billion in 2027. Risks associated with investment in their stock are acknowledged in the document, emphasizing that the investment carries risks that potential investors should consider.
Additional details:
Selling Stockholders: Derby LuxCo S.à r.l., CPP Investment Board Private Holdings (4) Inc., BCPE Derby Investor, LP., BCPE Derby (DE) SPV
Shares Offered: 12,500,000
Last Reported Sale Price: $40.30
Total Addressable Market 2022: $15 billion
Estimated Total Addressable Market 2027: nearly $20 billion
Transactions Facilitated In 2024: over six billion
Form Type: S-1MEF
Filing Date: 2025-02-20
Corporate Action: Ipo
Type: New
Accession Number: 000110465925015822
Filing Summary: Waystar Holding Corp. is filing an S-1 registration statement to register additional shares of common stock pursuant to Rule 462(b) under the Securities Act of 1933. This registration complements the prior S-1 registration (File No. 333-285018) declared effective on February 20, 2025. The additional shares being registered represent no more than 20% of the maximum aggregate offering price set forth in the Filing Fee Table associated with the earlier registration. The filing expresses intentions to offer the shares to the public as soon as practicable following the effective date. Furthermore, Waystar Holding informs the SEC about payment for the filing fee related to this registration.
Additional details:
Approximate Date Of Commencement: As soon as practicable after the effective date
Prior Registration Statement Number: 333-285018
Maximum Aggregate Offering Price Percentage: 20%
Principal Executive Offices Address: 1550 Digital Drive, #300 Lehi, Utah 84043
Agent For Service Name: Matthew R. A. Heiman
Agent For Service Address: 9901 Linn Station Road, Ste. 550 Louisville, Kentucky 40223
Filing Fee Due Date: 2025-02-21
Form Type: CORRESP
Filing Date: 2025-02-18
Corporate Action: Ipo
Type: New
Accession Number: 000110465925014793
Filing Summary: Waystar Holding Corp. has submitted a request for the acceleration of the effective date of its Registration Statement on Form S-1 (File No. 333-285018) to 4:05 p.m. Eastern Time on February 20, 2025, or as soon as practicable thereafter. This request is made under Rule 461 of the Securities Act of 1933. The company acknowledges its obligations under the Securities Act and is in communication with the Securities and Exchange Commission (SEC) regarding this acceleration. The request includes correspondence from underwriters who support this acceleration and confirms compliance with relevant regulations. The document includes details of the legal representatives involved and key contact information.
Additional details:
Registration Statement File No: 333-285018
Effective Time Request: 2025-02-20T16:05:00-05:00
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