secwatch.observer — SEC 8-K summary
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Issuer:     CONDUENT Inc (CNDT)
CIK:        0001677703
Form:       8-K
Filed at:   2024-04-15T23:59:59+00:00
Accession:  0001677703-24-000067
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Conduent receives $85M in second tranche of HSA portfolio transfer to HealthEquity
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- Second tranche closed April 11, 2024; Conduent received $85 million from HealthEquity.
- Transferred approximately 134,000 HSAs with $555 million in HSA assets to HealthEquity.
- Transfer is continuation of deal announced September 19, 2023 for BenefitWallet portfolio.
- Proceeds reflect completion of a major milestone in the asset sale agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1677703/000167770324000067/0001677703-24-000067-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1677703/000167770324000067/cndt-20240411.htm
  HTML page:      https://secwatch.observer/filing/0001677703-24-000067

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