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GRAIL INC | 8-K: Current report

GRAIL INC | 8-K: Current report

GRAIL INC | 8-K：重大事件
美股SEC公告 ·  2024/06/24 17:11

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Grail has completed its separation from Illumina on June 24, 2024, becoming an independent, publicly traded company. Illumina distributed 85.5% of Grail's outstanding shares to its stockholders, with shareholders receiving one Grail share for every six Illumina shares held as of June 13. Illumina provided a one-time disposal funding of $932.30 million and retained a 14.5% ownership stake.The company appointed Gregory Summe as Board Chair, with Robert Ragusa as CEO, Aaron Freidin as CFO, and Josh Ofman as President. The newly formed board consists of four directors divided into three classes with staggered terms. Several key agreements were established with Illumina covering tax matters, employee benefits, stockholder rights, and supply arrangements.Grail's common stock will begin trading on the Nasdaq Global Select Market under the ticker symbol "GRAL" on June 25, 2024. The company also implemented new governance structures including a 2024 Incentive Award Plan and Employee Stock Purchase Plan.
Grail has completed its separation from Illumina on June 24, 2024, becoming an independent, publicly traded company. Illumina distributed 85.5% of Grail's outstanding shares to its stockholders, with shareholders receiving one Grail share for every six Illumina shares held as of June 13. Illumina provided a one-time disposal funding of $932.30 million and retained a 14.5% ownership stake.The company appointed Gregory Summe as Board Chair, with Robert Ragusa as CEO, Aaron Freidin as CFO, and Josh Ofman as President. The newly formed board consists of four directors divided into three classes with staggered terms. Several key agreements were established with Illumina covering tax matters, employee benefits, stockholder rights, and supply arrangements.Grail's common stock will begin trading on the Nasdaq Global Select Market under the ticker symbol "GRAL" on June 25, 2024. The company also implemented new governance structures including a 2024 Incentive Award Plan and Employee Stock Purchase Plan.
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