Personalis, Inc. Files 8-K: Material Agreement & Equity Sales
Ticker: PSNL · Form: 8-K · Filed: Dec 19, 2024 · CIK: 1527753
| Field | Detail |
|---|---|
| Company | Personalis, Inc. (PSNL) |
| Form Type | 8-K |
| Filed Date | Dec 19, 2024 |
| Risk Level | medium |
| Pages | 6 |
| Reading Time | 7 min |
| Key Dollar Amounts | $0.0001, $3, $50.0 million, $10.0 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, equity-sale, 8-k
Related Tickers: PSNL
TL;DR
Personalis (PSNL) filed an 8-K detailing a material agreement and equity sales. Keep an eye on this.
AI Summary
On December 13, 2024, Personalis, Inc. entered into a Material Definitive Agreement. The company also reported on Unregistered Sales of Equity Securities and other events. This filing is a current report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
Why It Matters
This 8-K filing indicates significant corporate activity for Personalis, Inc., including a material definitive agreement and unregistered equity sales, which could impact its financial standing and stock performance.
Risk Assessment
Risk Level: medium — The filing involves unregistered sales of equity securities, which can sometimes indicate financing needs or dilution concerns for existing shareholders.
Key Players & Entities
- Personalis, Inc. (company) — Registrant
- December 13, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of Incorporation
- 001-38943 (company_id) — SEC File Number
- 27-5411038 (tax_id) — IRS Employer Identification No.
- 6600 Dumbarton Circle, Fremont, California 94555 (address) — Principal Executive Offices
- (650) 752-1300 (phone_number) — Registrant's Telephone Number
FAQ
What is the nature of the Material Definitive Agreement entered into by Personalis, Inc. on December 13, 2024?
The filing does not specify the details of the Material Definitive Agreement, only that one was entered into on December 13, 2024.
What type of equity securities were sold in the unregistered sale reported by Personalis, Inc.?
The filing mentions "Unregistered Sales of Equity Securities" but does not provide specific details about the type or amount of securities sold.
What are the principal executive offices of Personalis, Inc.?
The principal executive offices of Personalis, Inc. are located at 6600 Dumbarton Circle, Fremont, California 94555.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on December 13, 2024.
Under which sections of the Securities Exchange Act of 1934 is this 8-K report filed?
This 8-K report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
Filing Stats: 1,835 words · 7 min read · ~6 pages · Grade level 15.1 · Accepted 2024-12-19 09:06:29
Key Financial Figures
- $0.0001 — nge on which registered Common Stock, $0.0001 par value per share PSNL The Nasdaq
- $3 — Common Stock"), at a price per share of $3.56, representing the last reported clos
- $50.0 million — roceeds to the Company of approximately $50.0 million. The closing is expected to occur on or
- $10.0 million — greement, the Company agreed to reserve $10.0 million of the proceeds to open an ISO-certifie
Filing Documents
- d149682d8k.htm (8-K) — 38KB
- d149682dex41.htm (EX-4.1) — 139KB
- 0001193125-24-281696.txt ( ) — 341KB
- psnl-20241213.xsd (EX-101.SCH) — 3KB
- psnl-20241213_lab.xml (EX-101.LAB) — 17KB
- psnl-20241213_pre.xml (EX-101.PRE) — 11KB
- d149682d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 4.1* Investment Agreement, dated December 19, 2024, by and between Personalis, Inc. and Merck Sharp & Dohme LLC. 104 Cover Page Interactive Data File (embedded within the inline XBRL document). * Pursuant to Item 601(a)(5) of Regulation S-K promulgated by the SEC, certain schedules and attachments to this exhibit have been omitted because they do not contain information material to an investment or voting decision and that information is not otherwise disclosed in the exhibit.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Date: December 19, 2024 Personalis, Inc. By: /s/ Aaron Tachibana Aaron Tachibana Chief Financial Officer and Chief Operating Officer