---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-167025"
form_type: "8-K"
ticker: "ILMN"
cik: "0001110803"
company_name: "ILLUMINA, INC."
filed_at: "2024-06-24T23:59:59+00:00"
generated_at: "2026-06-01T02:23:10.774037+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Illumina completes spin-off of GRAIL, retains 14.5% stake; GRAIL to trade as GRAL

## Summary
- Spin-off effective June 24, 2024: Illumina distributed 85.5% of GRAIL shares (1 share GRAIL per 6 shares ILMN), retains 14.5%.
- GRAIL begins regular-way trading on Nasdaq as 'GRAL' on June 25, 2024.
- Illumina drew $750M term loan at ~6.70% on June 20 to fund GRAIL's cash balance in connection with divestment.
- Illumina to report Q2 2024 earnings on August 6 and host Strategy Update on August 13.
- No gain/loss recognized for U.S. shareholders on distribution except for cash in lieu of fractional shares.

## SEC filing metadata
- accession: 0001193125-24-167025
- form_type: 8-K
- ticker: ILMN
- cik: 0001110803
- company_name: ILLUMINA, INC.
- filed_at: 2024-06-24T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1110803/000119312524167025/0001193125-24-167025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1110803/000119312524167025/d851030d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-167025
- JSON: https://secwatch.observer/filing/0001193125-24-167025.json
- Plain text: https://secwatch.observer/filing/0001193125-24-167025.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.