{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-044352","form_type":"8-K","ticker":"TWST","cik":"0001581280","company_name":"Twist Bioscience Corp","filed_at":"2025-05-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.871580+00:00","generated_at":"2026-05-22T17:21:30.816077+00:00","sec_items":["1.01","2.02","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Twist reports record Q2 revenue $92.8M; spins out DNA data storage as Atlas with $155M investment","bullets":["Record Q2 revenue $92.8M (+23% YoY); gross margin 49.6% vs 41.0%.","Net loss $39.3M ($0.66/sh) vs $45.5M ($0.79); adjusted EBITDA loss improved to $(14.8)M.","Spun out DNA data storage as Atlas Data Storage with $155M investment from ARCH, Deerfield, Bezos Expeditions, and others.","Atlas CEO Varun Mehta (ex-Nimble Storage) leads; Twist retains minority stake, $2.5M cash, $2M note, up to $75M milestones.","Guidance: FY2025 revenue $372-379M; expect gross margin >50% in Q4; adjusted EBITDA breakeven by end of FY2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-044352","json":"https://secwatch.observer/filing/0001104659-25-044352.json","markdown":"https://secwatch.observer/filing/0001104659-25-044352.md","text":"https://secwatch.observer/filing/0001104659-25-044352.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1581280/000110465925044352/0001104659-25-044352-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1581280/000110465925044352/tm2513694d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T17:21:30.816077+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}