diff --git a/src/js_parser/parse/mod.rs b/src/js_parser/parse/mod.rs
index 5719a2acba2..91c5e576d55 100644
--- a/src/js_parser/parse/mod.rs
+++ b/src/js_parser/parse/mod.rs
@@ -919,7 +919,7 @@ impl<'a, const TYPESCRIPT: bool, const SCAN_ONLY: bool> P<'a, TYPESCRIPT, SCAN_O
                             decls: decls_slice,
                         });
                     }
-                    let r = p.store_name_in_ref(raw)?;
+                    let r = p.store_name_in_ref(raw2)?;
                     break 'value p.new_expr(
                         E::Identifier {
                             ref_: r,
diff --git a/test/bundler/transpiler/transpiler.test.js b/test/bundler/transpiler/transpiler.test.js
index 1faa1b04f2b..b662dc5a9ab 100644
--- a/test/bundler/transpiler/transpiler.test.js
+++ b/test/bundler/transpiler/transpiler.test.js
@@ -3824,6 +3824,23 @@ console.log("boop");
     expectCapturePrintedSnapshot(`for await (await using a of b) { c(a); a(c) }`);
   });
 
+  it("await of the identifier 'using' is not an await using declaration", () => {
+    // "await using" only starts a declaration when followed by an identifier on
+    // the same line. Otherwise it's an "await" expression of the identifier "using".
+    expectPrinted_(
+      "async function f() { await using instanceof o }",
+      "async function f() {\n  await using instanceof o;\n}",
+    );
+    expectPrinted_("async function f() { await using }", "async function f() {\n  await using;\n}");
+    expectPrinted_("async function f() { await using\n x = 1 }", "async function f() {\n  await using;\n  x = 1;\n}");
+    expectPrinted_("async function f() { await using.foo() }", "async function f() {\n  await using.foo();\n}");
+    expectPrinted_(
+      "async function f() { for (await using instanceof o;;); }",
+      "async function f() {\n  for (await using instanceof o;; )\n    ;\n}",
+    );
+    expectBunPrinted_("await using instanceof o", "await using instanceof o");
+  });
+
   it("using top level", () => {
     expectPrintedSnapshot(`
       using a = b;