{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-061438","form_type":"8-K","ticker":"LAB","cik":"0001162194","company_name":"STANDARD BIOTOOLS INC.","filed_at":"2025-06-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.669916+00:00","generated_at":"2026-05-18T23:23:16.914250+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Standard BioTools sells SomaLogic to Illumina for up to $425M; expects $550M cash at close","bullets":["Upfront cash payment of $350M at closing plus up to $75M in near-term earnout milestones for total up to $425M.","Retains 2% royalty on Illumina Protein Prep NGS kit sales for 10 years and co-exclusive Single SOMAmer rights.","Transaction simplifies operating structure; expects to achieve adjusted EBITDA break-even post-close.","Pro forma cash & equivalents of at least $550M at close to fund inorganic growth strategy.","Expected close in H1 2026, subject to HSR clearance and other customary conditions."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-061438","json":"https://secwatch.observer/filing/0001104659-25-061438.json","markdown":"https://secwatch.observer/filing/0001104659-25-061438.md","text":"https://secwatch.observer/filing/0001104659-25-061438.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1162194/000110465925061438/0001104659-25-061438-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1162194/000110465925061438/tm2518613d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T23:23:16.914250+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"}