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HealthEquity to Acquire Further
HealthEquity, Inc.April 8, 2021 GMT
DRAPER, Utah, April 08, 2021 (GLOBE NEWSWIRE) HealthEquity, Inc. (NASDAQ: HQY) (“HealthEquity”), the nation’s largest independent health savings account (“HSA”) custodian, today announced that it had entered into a definitive agreement to acquire Further, a leading provider of HSA and consumer directed benefit administration services, and the nation’s ninth largest HSA custodian overall.
The acquisition of Further and its technology expands HealthEquity’s leadership in the growing HSA market, enhances its ability to drive growth with health plans and other go-to-market partners, and adds to its Total Solution offering of remarkable products backed by trademark Purple service, education and engagement to help working families connect health and wealth.
HealthEquity Inc (HQY) Q4 2021 Earnings Call Transcript
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HealthEquity Reports Fiscal Year and Fourth Quarter Ended January 31, 2021 Financial Results
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Press release content from Globe Newswire. The AP news staff was not involved in its creation.
HealthEquity Announces Closing of Sale of Additional Shares
HealthEquity, Inc.March 2, 2021 GMT
DRAPER, Utah, March 02, 2021 (GLOBE NEWSWIRE) HealthEquity, Inc. (NASDAQ: HQY) (“HealthEquity” or the “Company”), today announced the closing of the underwritten public offering of an additional 750,000 shares of its common stock pursuant to the exercise in full by the underwriter of its over-allotment option. The gross proceeds to HealthEquity from the sale of these shares are $60,225,000. HealthEquity intends to use the net proceeds from the offering (including the $401.5 million in gross proceeds from the sale of shares in February) for potential acquisitions, repayment of indebtedness and other general corporate purposes.