Waystar Corporation IPO: How Much Money Was Left on the Table?

To find out how much money was left on the table, we need to calculate the difference between the IPO price and the first day trading price and then multiply that by the number of shares offered.

The difference in price is $8.23 - $3.93 = $4.30 per share.

The number of shares offered is 5,000,000 shares.

So the amount of money left on the table is $4.30 x 5,000,000 = $21,500,000. Answer: 21,500,000.