Healthcare software company Waystar, which was set to launch its initial public offering roadshow to pitch investors this week, has now delayed it until December at the earliest, the Wall Street Journal reported on Tuesday.
The company will likely wait till 2024, the Journal's report added, citing people familiar with the matter.
Waystar declined to comment on the report, when contacted by Reuters.
Reuters reported in August that Waystar was eyeing an IPO that could value the company as much as $8 billion, including debt.
Waystar made its IPO filing public in October after confidentially filing it in August, joining a wave of new listings that followed a months-long dry spell wrought by high interest rates and fears of a recession.
https://www.nasdaq.com/articles/waystar-delays-ipo-until-december-or-2024-wsj
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