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HealthEquity prices IPO at $14, above the range

July 31, 2014
HQY

HealthEquity, which offers an integrated platform for managing Health Savings Accounts (HSAs), raised $127 million by offering 9.1 million shares at $14, above its $10 to $12 range. HealthEquity will list on the NASDAQ under the symbol HQY. J.P. Morgan and Wells Fargo Securities acted as joint bookrunners on the deal.