GRAIL, Inc. Files 8-K: Material Agreements & Corporate Changes
Ticker: GRAL · Form: 8-K · Filed: Jun 24, 2024 · CIK: 1699031
Sentiment: neutral
Topics: material-agreement, corporate-governance, filing
TL;DR
GRAIL filed an 8-K detailing material agreements and corporate changes, impacting security holder rights.
AI Summary
GRAIL, Inc. announced on June 21, 2024, a material definitive agreement and changes related to its security holders' rights. The filing also details changes in officers and directors, as well as amendments to its articles of incorporation. Specific financial figures or transaction details were not provided in this initial filing.
Why It Matters
This 8-K filing indicates significant corporate actions and potential shifts in the rights of GRAIL, Inc.'s security holders, warranting investor attention.
Risk Assessment
Risk Level: medium — The filing indicates material definitive agreements and modifications to security holder rights, which could have significant implications for the company's future and investors.
Key Players & Entities
- GRAIL, Inc. (company) — Registrant
- June 21, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of Incorporation
FAQ
What is the nature of the material definitive agreement entered into by GRAIL, Inc.?
The filing states that GRAIL, Inc. entered into a material definitive agreement, but the specific details of this agreement are not disclosed in this 8-K filing.
What specific modifications have been made to the rights of GRAIL, Inc.'s security holders?
The 8-K filing indicates material modifications to the rights of security holders, but the exact nature of these modifications is not detailed in this document.
Are there any changes in the board of directors or executive officers of GRAIL, Inc.?
Yes, the filing reports on the departure of directors or certain officers, the election of directors, and the appointment of certain officers, as well as compensatory arrangements.
Has GRAIL, Inc. amended its articles of incorporation or bylaws?
The filing indicates that there have been amendments to the articles of incorporation or bylaws, and a change in fiscal year is also noted.
What is the filing date and the period of report for this 8-K filing?
This 8-K filing was made on June 24, 2024, and the period of report is June 21, 2024.
Filing Stats: 2,404 words · 10 min read · ~8 pages · Grade level 12.1 · Accepted 2024-06-24 17:09:03
Key Financial Figures
- $0.001 — ich registered Common Stock, par value $0.001 per share GRAL The Nasdaq Global Se
- $932.30 million — payment to the Company of approximately $932.30 million. Following the completion of the Separa
Filing Documents
- d797014d8k.htm (8-K) — 55KB
- d797014dex21.htm (EX-2.1) — 275KB
- d797014dex31.htm (EX-3.1) — 33KB
- d797014dex32.htm (EX-3.2) — 177KB
- d797014dex33.htm (EX-3.3) — 7KB
- d797014dex101.htm (EX-10.1) — 165KB
- d797014dex102.htm (EX-10.2) — 101KB
- d797014dex103.htm (EX-10.3) — 124KB
- d797014dex104.htm (EX-10.4) — 16KB
- 0001193125-24-167037.txt ( ) — 1295KB
- gral-20240621.xsd (EX-101.SCH) — 3KB
- gral-20240621_lab.xml (EX-101.LAB) — 18KB
- gral-20240621_pre.xml (EX-101.PRE) — 11KB
- d797014d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 2.1 Separation and Distribution Agreement, dated June 21, 2024, between Illumina, Inc. and GRAIL, Inc. 3.1 Certificate of Incorporation of GRAIL, Inc. 3.2 Bylaws of GRAIL, Inc. 3.3 Certificate of Conversion 10.1 Tax Matters Agreement, dated June 24, 2024, between Illumina, Inc. and GRAIL, Inc. 10.2 Employee Matters Agreement, dated June 24, 2024, between Illumina, Inc. and GRAIL, Inc. 10.3 Stockholder and Registration Rights Agreement, dated June 24, 2024, between Illumina, Inc. and GRAIL, Inc. 10.4 Fourth Amendment to the Amended and Restated Supply and Commercialization Agreement, dated June 24, 2024, by and between Illumina, Inc. and GRAIL, Inc. 10.5 Form of Indemnification Agreement (incorporated by reference from Exhibit 10.11 to Amendment No. 2 to GRAIL's Registration Statement on Form 10 filed on June 3, 2024) 10.6 GRAIL, Inc. 2024 Incentive Award Plan (incorporated by reference from Exhibit 10.8 to Amendment No. 2 to GRAIL's Registration Statement on Form 10 filed on June 3, 2024) 10.7 GRAIL, Inc. 2024 Employee Stock Purchase Plan (incorporated by reference to Exhibit 10.12 to Amendment No. 2 to GRAIL's Registration Statement on Form 10 filed on June 3, 2024) 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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, INC. Date: June 24, 2024 By: /s/ Abram Barth Abram Barth General Counsel and Corporate Secretary