{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-153239","form_type":"8-K","ticker":"ILMN","cik":"0001110803","company_name":"ILLUMINA, INC.","filed_at":"2024-06-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.327614+00:00","generated_at":"2026-06-01T06:43:32.069591+00:00","sec_items":["2.05","8.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Illumina board approves GRAIL spin-off; distribution set for June 24, 2024","bullets":["Holders receive 1 GRAIL share per 6 Illumina shares held at close on June 13, 2024 (record date).","Distribution effective 12:01 AM NYC time on June 24, 2024; GRAIL expected to trade 'regular way' on Nasdaq on June 25 under ticker 'GRAL'.","Illumina estimates $35-$50M incremental costs for spin-off, mainly legal and advisory fees, substantially incurred by Q3 2024.","Spin-off approval triggers potential goodwill impairment test; carrying value includes $1.466B goodwill and $561M IPR&D related to GRAIL.","Conditions include satisfaction or waiver of conditions in GRAIL's Form 10; no stockholder vote or action required."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-153239","json":"https://secwatch.observer/filing/0001193125-24-153239.json","markdown":"https://secwatch.observer/filing/0001193125-24-153239.md","text":"https://secwatch.observer/filing/0001193125-24-153239.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1110803/000119312524153239/0001193125-24-153239-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1110803/000119312524153239/d700243d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T06:43:32.069591+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"}