{"schema_version":"secwatch.filing_event.v1","accession":"0001677703-24-000044","form_type":"8-K","ticker":"CNDT","cik":"0001677703","company_name":"CONDUENT Inc","filed_at":"2024-03-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.081686+00:00","generated_at":"2026-06-04T22:21:47.226957+00:00","sec_items":["2.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Conduent receives $164M from HealthEquity for first tranche of HSA portfolio sale","bullets":["Received $164M from HealthEquity for first tranche of BenefitWallet HSA/MSA portfolio transfer.","Remaining two tranches expected to close by May 9, 2024, total purchase price up to $425M.","Proceeds will be used to voluntarily prepay Senior Secured Term Loan B; Bank of America notified.","Pro forma for 2023 shows net loss reduced to $49M from $296M, with revenue down $118M.","After-tax gain on sale estimated at $304M in equity adjustment on balance sheet."],"urls":{"canonical":"https://secwatch.observer/filing/0001677703-24-000044","json":"https://secwatch.observer/filing/0001677703-24-000044.json","markdown":"https://secwatch.observer/filing/0001677703-24-000044.md","text":"https://secwatch.observer/filing/0001677703-24-000044.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1677703/000167770324000044/0001677703-24-000044-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1677703/000167770324000044/cndt-20240307.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T22:21:47.226957+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"91b99e472f668358bf5cfb6d5f23578d21d433b6","claim":"CONDUENT Inc completed a disposition involving HealthEquity, Inc. for $425 million (closed 2024-03-07).","evidence_excerpt":"in the Purchase Agreement. The Purchase Agreement provides that HealthEquity will, over the course of the several Conversion Dates, pay to CBS an aggregate purchase price of $425 million (the \"Purchase Price\"), subject to a purchase price adjustment following the Final Conversion Date based on the amount of HSA and MSA assets actually transferred, as","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1677703/000167770324000044/0001677703-24-000044-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"HealthEquity, Inc."},{"label":"Consideration","value":"$425 million"},{"label":"Closing","value":"2024-03-07"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}