secwatch.observer — SEC 8-K summary
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Issuer:     PACIFIC BIOSCIENCES OF CALIFORNIA, INC. (PACB)
CIK:        0001299130
Form:       8-K/A
Filed at:   2023-09-22T23:59:59+00:00
Accession:  0001104659-23-103181
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Pacific Biosciences to issue ~8.9M shares and $101M cash for Omniome milestone
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- On Sep 20, 2023, PacBio achieved a commercial milestone under the Omniome merger agreement.
- Former Omniome holders will receive approx. $101M cash + 8.9M shares (valued at ~$100M based on 20-day VWAP).
- Shares issuance expected on or about October 4, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1299130/000110465923103181/0001104659-23-103181-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1299130/000110465923103181/tm2326680d1_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-103181

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer