---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-070907"
form_type: "8-K"
ticker: "WAY"
cik: "0001990354"
company_name: "Waystar Holding Corp."
filed_at: "2024-06-12T23:59:59+00:00"
generated_at: "2026-06-01T04:55:53.194381+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Waystar closes IPO of 45M shares at $21.50, adopts governance agreements

## Summary
- IPO closed June 10, 2024: 45M shares of common stock at $21.50/share, raising ~$968M.
- Ethan Waxman elected as independent Class III director effective immediately before IPO.
- Adopted 2024 Equity Incentive Plan and Employee Stock Purchase Plan; granted CEO Hawkins 1.25M options and 500K RSUs.
- New employment agreements for Chief Business Officer Ric Sinclair and Chief Transformation Officer Craig Bridge.
- Amended charter authorizes 2.5B common and 100M preferred shares; stockholder and registration rights agreements signed.

## SEC filing metadata
- accession: 0001104659-24-070907
- form_type: 8-K
- ticker: WAY
- cik: 0001990354
- company_name: Waystar Holding Corp.
- filed_at: 2024-06-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 3.03, 5.03, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1990354/000110465924070907/0001104659-24-070907-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1990354/000110465924070907/tm2416908d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-070907
- JSON: https://secwatch.observer/filing/0001104659-24-070907.json
- Plain text: https://secwatch.observer/filing/0001104659-24-070907.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.