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Conduent8-K: Restructuring

Conduent divests its Tolling Business to Quarterhill Inc. for $70M in cash plus 7% equity.

What happened

This divestiture provides Conduent with an immediate influx of $70M in capital, likely to be reinvested into core strategic initiatives.

Source

SEC EDGARJun 30, 2026

Current report (Form 8-K)

Conduent 8-K

Filing excerpt

On June 29, 2026, Conduent Incorporated (the “Company”), by and through its wholly owned subsidiary Conduent Business Services, LLC (“CBS”), entered into an Asset Purchase Agreement (the “Purchase Agreement”) with Quarterhill Inc., a Canada Business Corporations Act corporation (“Buyer”).

sec.gov/Archives/edgar/data/1677703/000167770326000077/cndt-20260629.htmRead the full source

Other signals in this filing (2)

Extracted by Autobound

From the Signal API record
Signal
8-K: Restructuring

What this signalsFilings often name leadership changes, deals and spending plans.

Form
8-K
Fiscal year end
06/29
Filed
Jun 30, 2026

The full record

From the Signal API record

Numbers

Dollar figure
$70M (Cash portion of purchase price for the sale of the Tolling Business.)
Percent
7% (Equity stake in buyer (Quarterhill Inc.) as part of the purchase price.)

Details

CIK
1677703
Accession number
0001677703-26-000077
Timeframe
Immediate
Filing year
2026
Why it matters
Change management needs
Signal category
Workforce

Extraction

Confidence
High
Relevance
90%
Sentiment
Neutral
Detected
Jul 7, 2026
signal_type
sec-8k
signal_subtype
restructuring

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The API returns more than this page shows

This page shows a preview. The full sec-8k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/c57cf545-7230-477c-8fa1-2526563ec289 returns this record as JSON. POST /v1/companies/enrich returns every signal for conduent.com.

{
  "signal_id": "c57cf545-7230-477c-8fa1-2526563ec289",
  "signal_type": "sec-8k",
  "signal_subtype": "restructuring",
  "detected_at": "2026-07-07T07:06:39.556+00:00",
  "company": {
    "name": "Conduent",
    "domain": "conduent.com"
  },
  "data": {
    "detail": "This divestiture provides Conduent with an immediate influx of $70M in capital, likely to be reinvested into core strategic initiatives. The complex process of separating the Tolling Business will necessitate a review of shared IT systems, vendor contracts, and operational workflows, creating opportunities for new solutions to support the streamlined parent company.",
    "metrics": {
      "pct": 0.07,
      "timeframe": "immediate",
      "pct_context": "Equity stake in buyer (Quarterhill Inc.) as part of the purchase price.",
      "dollar_context": "Cash portion of purchase price for the sale of the Tolling Business.",
      "dollar_millions": 70
    },
    "summary": "Conduent divests its Tolling Business to Quarterhill Inc. for $70M in cash plus 7% equity.",
    "excerpts": "On June 29, 2026, Conduent Incorporated (the “Company”), by and through its wholly owned subsidiary Conduent Business Services, LLC (“CBS”), entered into an Asset Purchase Agreement (the “Purchase Agreement”) with Quarterhill Inc., a Canada Business Corporations Act corporation (“Buyer”).",
    "relevance": 0.9,
    "sentiment": "neutral",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1677703/000167770326000077/cndt-20260629.htm",
    "filing_date": "2026-06-30",
    "filing_year": 2026,
    "fiscal_year_end": "06/29",
    "sales_relevance": "Change management needs",
    "signal_category": "workforce"
  }
}

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