HealthEquity Announces Commencement of Proposed Secondary Offering of Common Stock

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HealthEquity (HQY) Prices 2.5M Secondary Stock Offering for Proceeds of ~$89.6M

October 20, 2016 9:21 AM EDT

HealthEquity, Inc. (Nasdaq: HQY) announced the pricing of the previously announced secondary offering of shares of its common stock. Certain of HealthEquity's stockholders have agreed to sell an aggregate of 2,500,000 shares of the company's common stock in an underwritten public offering, which are being sold by the underwriters at a price to the public of $35.85 per share. The offering is... More