Looking at the filing, I can see this is a Form 10-Q for Waystar Holding Corp. (NASDAQ:WAY) for the quarterly period ended September 30, 2026, filed November 2, 2026. The filing content provided is primarily the cover page, glossary, and cautionary statement sections. Let me extract the substantive disclosure content and produce the article.

Waystar Holding Corp. (NASDAQ:WAY) filed its Form 10-Q for the quarterly period ended September 30, 2026, with the U.S. Securities and Exchange Commission on November 2, 2026.

Key Highlights

  • Shares outstanding: Waystar reported 192,391,658 shares of common stock outstanding as of October 26, 2026.
  • Exchange listing: Common stock, par value $0.01 per share, trades under the symbol WAY on The Nasdaq Stock Market LLC.
  • Large accelerated filer: The company is classified as a large accelerated filer for the reporting period.
  • Iodine acquisition: The filing references the acquisition of Iodine Software Holdings, Inc. as a factor subject to integration risk.
  • Credit facilities: The company maintains three credit facilities: the First Lien Credit Facility, the Revolving Credit Facility, and the Receivables Facility, collectively referred to as the Credit Facilities.
  • Institutional investors: EQT, CPPIB, and Bain Capital, and their affiliates, are identified as Institutional Investors who directly hold shares of the company's common stock following the Equity Distribution.

Waystar's Q3 2026 Filing: Company Structure, Credit Arrangements, and Disclosed Risk Factors

Waystar Holding Corp., a Delaware-incorporated company headquartered at 1550 Digital Drive, Suite 300, Lehi, Utah, filed its quarterly report covering the period ended September 30, 2026. The filing identifies the company's principal operations under the Waystar name, encompassing Waystar Holding Corp. and its subsidiaries. The registrant's Commission File Number is 001-42125, and its IRS Employer Identification Number is 84-2886542.

According to the filing, the company operates three credit arrangements collectively called the Credit Facilities: the First Lien Credit Facility, originally dated October 22, 2019, by and among Waystar Technologies, Inc. and the lenders party thereto; the Revolving Credit Facility, also under the first lien credit agreement of the same date; and the Receivables Facility, established August 12, 2021, by and among Waystar RC LLC, PNC Bank, National Association as administrative agent, and Waystar Technologies, Inc. as initial servicer. The filing confirms the company is not a shell company and has filed all required reports during the preceding 12 months.

The filing discloses a range of risk factors the company considers relevant to its operations. These include competition in the healthcare technology industry, the ability to retain and attract clients, integration of the Iodine Software Holdings, Inc. acquisition, reliance on senior management and key employees, and the management of highly regulated data required to provide the company's solutions. The company also identifies risks related to third-party vendors, product errors, healthcare industry consolidation, and the variable length of its selling and implementation cycles. The filing states that forward-looking statements "are not guarantees of future performance" and that "actual results may differ materially from these expectations" due to factors beyond the company's control.

What Was Disclosed

Waystar Holding Corp. filed its quarterly report for the period ended September 30, 2026, disclosing 192,391,658 shares outstanding as of October 26, 2026, its large accelerated filer status, three active credit facilities, and a set of operational and market risk factors including the integration of the Iodine acquisition.