The Great Kate Wait is over: The Duchess of Cambridge has given birth to a boy.

CBS reports that on Monday, Prince William and the former Kate Middleton welcomed a son weighing eight pounds and six ounces, delivered without complications at 4:24 pm local time in the private Lindo Wing of St. Mary's Hospital, London.

"The Duke of Cambridge was present for the birth," Kensington Palace announced in a formal statement. "The Queen, The Duke of Edinburgh, The Prince of Wales, The Duchess of Cornwall, Prince Harry and members of both families have been informed and are delighted with the news."

The royal son, who was safely delivered in the hospital wing that saw the birth of both Prince William and Prince Harry, will officially be known as His Royal Highness Prince [Name] of Cambridge, following the dukedom bestowed by Queen Elizabeth the II.

The new grandparents, Prince Charles and Camilla, Duchess of Cornwall, expressed their joy in a statement issued shortly after the prospective king's birth.

"Grandparenthood is a unique moment in anyone's life, as countless kind people have told me in recent months, so I am enormously proud and happy to be a grandfather for the first time and we are eagerly looking forward to seeing the baby in the near future," said Prince Charles.

Prime Minister David Cameron noted that while the birth of the royal son is indeed cause for celebration across the Commonwealth, it is above all a "wonderful moment for a warm and loving couple who got a brand new baby boy."

"It's been a remarkable few years for our royal family a royal wedding that captured people's hearts, that extraordinary and magnificent Jubilee and now this royal birth, all from a family that have given this nation so much incredible service," he continued.

While the son's formal title was established earlier this year in a royal decree, his first name has yet to be announced. At this point, it is anyone's guess when it will be. Prince Charles' name was famously withheld from the public for about a month following his birth. As for Princes William and Harry, their first names were revealed sooner — one week and one day, respectively.

The couple's saga has captivated people from all around the world since their engagement in Kenya back in October 2010. Last December, the Duchess made headlines after being hospitalized for a spell of hyperemesis gravidarum — a pernicious type of morning sickness that, in severe cases, may prevent the mother from keeping any food or liquid down.