GRAIL, LLC Converts to GRAIL, Inc.
Ticker: GRAL · Form: 8-K · Filed: Jun 12, 2024 · CIK: 1699031
Sentiment: neutral
Topics: corporate-conversion, restructuring, legal-entity-change
TL;DR
GRAIL, LLC is now GRAIL, Inc. - big changes coming?
AI Summary
GRAIL, LLC announced on June 11, 2024, that it is converting from a limited liability company to a corporation named GRAIL, Inc. This corporate restructuring is a significant step as the company prepares for potential future events. The filing also indicates changes related to directors and officers, and compensatory arrangements.
Why It Matters
This corporate conversion is a procedural step that often precedes significant corporate actions such as an IPO, acquisition, or other major strategic moves.
Risk Assessment
Risk Level: medium — The conversion to a corporation and the mention of changes in officers and compensatory arrangements suggest potential upcoming strategic shifts or financial events that could impact the company's valuation and future.
Key Players & Entities
- GRAIL, LLC (company) — Registrant converting to a corporation
- GRAIL, Inc. (company) — New corporate name after conversion
- Delaware (jurisdiction) — State of incorporation
- June 11, 2024 (date) — Date of earliest event reported
FAQ
What is the primary purpose of GRAIL, LLC converting to GRAIL, Inc.?
The filing states GRAIL, LLC is converting into a corporation named GRAIL, Inc., indicating a change in legal structure, often a precursor to other significant corporate actions.
When did this corporate conversion become effective?
The earliest event reported in the filing is dated June 11, 2024, which is the date of the corporate conversion.
What other items are mentioned in this 8-K filing besides the corporate conversion?
The filing also covers the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers.
In which state is GRAIL, Inc. incorporated?
GRAIL, Inc. is incorporated in Delaware.
What is the principal executive office address for GRAIL, Inc.?
The principal executive offices are located at 1525 O'Brien Drive, Menlo Park, California, 94025.
Filing Stats: 689 words · 3 min read · ~2 pages · Grade level 11.5 · Accepted 2024-06-11 17:42:31
Key Financial Figures
- $0.001 — ich registered Common Stock, par value $0.001 per share GRAL The Nasdaq Global Se
Filing Documents
- d816080d8k.htm (8-K) — 25KB
- 0001193125-24-159261.txt ( ) — 145KB
- gral-20240611.xsd (EX-101.SCH) — 3KB
- gral-20240611_lab.xml (EX-101.LAB) — 18KB
- gral-20240611_pre.xml (EX-101.PRE) — 11KB
- d816080d8k_htm.xml (XML) — 4KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. GRAIL, LLC Date: June 11, 2024 By: /s/ Abram Barth Abram Barth General Counsel and Corporate Secretary