Waystar Corporation IPO: $21.5 Million Left on the Table

To calculate the amount of money left on the table, we need to find the difference between the IPO price and the first-day trading price, and then multiply it by the number of shares offered.

Difference in price = $8.23 - $3.93 = $4.30 Number of shares offered = 5,000,000

Money left on the table = Difference in price * Number of shares offered Money left on the table = $4.30 * 5,000,000 = $21,500,000

Therefore, $21,500,000 was left on the table.