Close the investment transaction with H.I.G. Capital
Delivered after the deadline (30 days after the deadline)
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 29 Jan 2021
- Due
- 31 Mar 2021
- Delivered
- 30 Apr 2021
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The parties expect to close the transaction in the first quarter of 2021, subject to the negotiation and execution of definitive documents, receipt of certain regulatory approvals”
What we found
Evidence strength A What the grades mean
The company announced an expectation to close the transaction in the first quarter of 2021, but the investment transaction with H.I.G. Capital did not close until April 30, 2021.
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A eHealth, Inc. 10-Q filed 2021-05-10
“On April 30, 2021, we issued and sold to Echelon Health SPV, LP ("H.I.G."), an investment vehicle of H.I.G. Capital, in a private placement, 2,250,000 shares of our newly designated Series A convertible preferred stock” ✓ confirmed on the page
Market reaction: the shares moved -7.0% against the S&P 500 over the three sessions around the disclosure (7 May 2021 to 12 May 2021). What this measures
Checked 25 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Acquisition close
- Indicative materiality
- High rules
- Action
- Close
- Deliverable
- Investment transaction with H.I.G. Capital
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: negotiation and execution of definitive documents; receipt of certain regulatory approvals; satisfaction of other customary closing conditions
- Depends on
- Regulatory, Counterparty
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2021-EHTH-022665 · Corrections policy