Cadian Capital Management Increases Stake in Flywire Corporation to 5.5%

On May 15, 2026, Cadian Capital Management, LP, along with its general partner Cadian Capital Management GP, LLC and Eric Bannasch, filed a Schedule 13G/A reporting a significant position in Flywire Corporation (FLYW). As of the event date on March 31, 2026, the reporting persons collectively held beneficial ownership of 6,618,119 shares of Voting Common Stock, representing approximately 5.5% of the company's outstanding shares. This filing marks an increase from a previously reported 0.0% ownership position. The shares are held directly by Cadian Master Fund L.P. and Cadian Opportunities Master Fund LP, which are advisory clients of Cadian Capital Management, LP. The investment adviser exercises exclusive voting and investment power over these securities. The filing indicates that the shares were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. Eric Bannasch serves as the sole managing member of the general partner, overseeing the investment decisions for the reported holdings.