HealthEquity Files 8-K

TL;DR

HealthEquity filed an 8-K on April 15th for an April 11th event. Details pending.

AI Summary

HealthEquity, Inc. filed an 8-K on April 15, 2024, to report an event that occurred on April 11, 2024. The filing is a Regulation FD Disclosure and includes Financial Statements and Exhibits. No specific financial figures or material events were detailed in the provided excerpt.

Why It Matters

This filing indicates HealthEquity is disclosing information or submitting exhibits to the SEC, which could contain material updates for investors.

Risk Assessment

Risk Level: low — The provided text is a standard SEC filing notification without specific negative or positive financial disclosures.

Key Players & Entities

• HEALTHEQUITY, INC. (company) — Registrant
• April 11, 2024 (date) — Earliest event date
• April 15, 2024 (date) — Date of report
• Delaware (jurisdiction) — State of incorporation
• 15 West Scenic Pointe Drive Suite 100 Draper , Utah 84020 (address) — Principal Executive Offices

FAQ

Key Financial Figures

• $0.0001 — ich registered Common stock, par value $0.0001 per share HQY The NASDAQ Global Select
• $555 million — ed, with approximately 134,000 HSAs and $555 million of HSA assets transferring to HealthEqu
• $84.9 million — y paid the applicable purchase price of $84.9 million using $50.0 million of borrowings under
• $50.0 million — e purchase price of $84.9 million using $50.0 million of borrowings under its revolving credi

Filing Documents

• hqy-20240411.htm (8-K) — 23KB
• 0001428336-24-000018.txt ( ) — 147KB
• hqy-20240411.xsd (EX-101.SCH) — 2KB
• hqy-20240411_lab.xml (EX-101.LAB) — 22KB
• hqy-20240411_pre.xml (EX-101.PRE) — 13KB
• hqy-20240411_htm.xml (XML) — 3KB

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure As disclosed previously, on September 18, 2023, HealthEquity entered into a Custodial Transfer and Asset Purchase Agreement with Conduent Business Services, LLC, related to the transfer to HealthEquity of Conduent's health savings account ("HSA") portfolio in a series of three tranches. On April 11, 2024, the second of the three HSA asset transfers occurred, with approximately 134,000 HSAs and $555 million of HSA assets transferring to HealthEquity's custody. In connection with this transfer, HealthEquity paid the applicable purchase price of $84.9 million using $50.0 million of borrowings under its revolving credit facility, with the remainder paid using cash on hand.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 104 Cover Page Interactive Data File (formatted in Inline XBRL)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. HEALTHEQUITY, INC. Date: April 15, 2024 By: /s/ James Lucania Name: James Lucania Title: Executive Vice President and Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR