Waystar Holding Corp. Files 8-K on Definitive Agreement
Ticker: WAY · Form: 8-K · Filed: Dec 30, 2024 · CIK: 1990354
| Field | Detail |
|---|---|
| Company | Waystar Holding Corp. (WAY) |
| Form Type | 8-K |
| Filed Date | Dec 30, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01, $1,166,772,750, $342.5 million, $400.0 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: definitive-agreement, financial-obligation, 8-k
TL;DR
Waystar Holding Corp. just filed an 8-K for a material definitive agreement and financial obligation. Big moves happening.
AI Summary
On December 30, 2024, Waystar Holding Corp. filed an 8-K report detailing its entry into a material definitive agreement and the creation of a direct financial obligation. The filing also includes financial statements and exhibits related to these events. The company is incorporated in Delaware and its principal executive offices are located in Lehi, Utah.
Why It Matters
This filing indicates Waystar Holding Corp. has entered into a significant agreement and incurred a financial obligation, which could impact its financial structure and future operations.
Risk Assessment
Risk Level: medium — The filing concerns material definitive agreements and financial obligations, which inherently carry financial and operational risks for the company.
Key Numbers
- 001-42125 — SEC File Number (Identifies the company's filing history with the SEC.)
- 84-2886542 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- Waystar Holding Corp. (company) — Registrant
- December 30, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- Lehi, Utah (location) — Principal executive offices
FAQ
What is the nature of the material definitive agreement Waystar Holding Corp. entered into?
The filing does not specify the details of the material definitive agreement, only that one has been entered into as of December 30, 2024.
What type of financial obligation did Waystar Holding Corp. create?
The filing states the creation of a 'Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant' but does not provide specific details.
When was the earliest event reported in this 8-K filing?
The earliest event reported is dated December 30, 2024.
Where are Waystar Holding Corp.'s principal executive offices located?
Waystar Holding Corp.'s principal executive offices are located at 1550 Digital Drive, #300, Lehi, Utah 84043.
What is Waystar Holding Corp.'s SEC file number?
Waystar Holding Corp.'s SEC file number is 001-42125.
Filing Stats: 1,073 words · 4 min read · ~4 pages · Grade level 10.2 · Accepted 2024-12-30 16:10:30
Key Financial Figures
- $0.01 — ch registered Common Stock, par value $0.01 per share WAY The Nasdaq Stock Mark
- $1,166,772,750 — among other things, (a) the Borrower's $1,166,772,750 aggregate outstanding principal amount
- $342.5 million — g Credit Facility"), was increased from $342.5 million to $400.0 million and (c) the interest
- $400.0 million — ), was increased from $342.5 million to $400.0 million and (c) the interest rates under the Re
Filing Documents
- tm2432173d1_8k.htm (8-K) — 30KB
- tm2432173d1_ex10-1.htm (EX-10.1) — 1639KB
- 0001104659-24-132496.txt ( ) — 2187KB
- way-20241230.xsd (EX-101.SCH) — 3KB
- way-20241230_lab.xml (EX-101.LAB) — 33KB
- way-20241230_pre.xml (EX-101.PRE) — 22KB
- tm2432173d1_8k_htm.xml (XML) — 4KB
03
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth above under Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference into this Item 2.03.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 Amendment No. 10, dated as of December 30, 2024, to the First Lien Credit Agreement, among Waystar Technologies, Inc., as Borrower, Waystar Intermediate, Inc. and certain subsidiaries of the Borrower as guarantors, JPMorgan Chase Bank, N.A., as Administrative Agent, Collateral Agent, and Issuing Bank, and the other parties and lenders party thereto. 104 Cover Page Interactive Data File (embedded within Inline XBRL document)
Signatures
Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed by the undersigned hereunto duly authorized. Date: December 30, 2024 Waystar Holding Corp. By: /s/ Matthew R. A. Heiman Name: Matthew R. A. Heiman Title: Chief Legal and Administrative Officer