---
schema_version: "secwatch.filing_event.v1"
accession: "0001428336-24-000018"
form_type: "8-K"
ticker: "HQY"
cik: "0001428336"
company_name: "HEALTHEQUITY, INC."
filed_at: "2024-04-15T23:59:59+00:00"
generated_at: "2026-06-03T22:51:15.506605+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# HealthEquity completes 2nd tranche of Conduent HSA acquisition, adds 134k accounts, $555M assets

## Summary
- Second of three HSA asset transfers closed on April 11, 2024: 134,000 accounts and $555M in assets moved to HealthEquity.
- Purchase price of $84.9M funded with $50M revolver draw and cash on hand.
- Total HSA portfolio transfer from Conduent remains on track per the September 2023 agreement.
- HealthEquity now custodies additional $555M in HSA assets, expanding its custodial base materially.

## SEC filing metadata
- accession: 0001428336-24-000018
- form_type: 8-K
- ticker: HQY
- cik: 0001428336
- company_name: HEALTHEQUITY, INC.
- filed_at: 2024-04-15T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1428336/000142833624000018/0001428336-24-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1428336/000142833624000018/hqy-20240411.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001428336-24-000018
- JSON: https://secwatch.observer/filing/0001428336-24-000018.json
- Plain text: https://secwatch.observer/filing/0001428336-24-000018.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.