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WAGE News

HSA platform provider HealthEquity sets terms for $100 million IPO

HQY

HealthEquity, which offers an integrated platform for managing health savings accounts, announced terms for its IPO on Wednesday. The Draper, UT-based company plans to raise $100 million by offering 9.1 million shares at a price range of $10 to $12. At the...read more

Globoforce downsizes IPO and lowers price range; proposed deal size is now $53 million

Globoforce, which provides cloud-based employee recognition software solutions to enterprises, lowered the proposed deal size for its upcoming IPO on Thursday. The Dublin, Ireland-based company now plans to raise $53 million by offering 3.8 million shares (23%...read more

Revived IPOs face cold reception

Entering last week, the IPO market appeared to be heating up quickly. Coming off a record pace through April, the US IPO calendar had swelled to its highest level since December. The surge came in large part because five companies that had previously postponed...read more

WageWorks prices IPO at $9, below the range

WageWorks, which provides employee spending account benefits programs, raised $58.5 million on Wednesday by offering 6.5 million shares at $9, below the range of $10 to $12. WageWorks plans to list on the NYSE under the symbol WAGE. William Blair and Stifel...read more