---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-167037"
form_type: "8-K"
ticker: "GRAL"
cik: "0001699031"
company_name: "GRAIL, Inc."
filed_at: "2024-06-24T23:59:59+00:00"
generated_at: "2026-06-01T02:30:27.149755+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# GRAIL completes spin-off from Illumina; receives $932M funding, starts trading June 25

## Summary
- Illumina distributed 85.5% of GRAIL shares to its shareholders (1 per 6 shares) on June 24, 2024; Illumina retains 14.5%.
- GRAIL received ~$932.3M one-time disposal funding from Illumina; begins trading on Nasdaq under GRAL on June 25.
- New board of four directors appointed: Bill Chase, Steve Mizell, Greg Summe (Chair), Robert Ragusa; Ragusa named CEO, Freidin CFO.
- GRAIL converted from LLC to corporation; adopted new certificate of incorporation, bylaws, equity plans, and indemnification agreements.

## SEC filing metadata
- accession: 0001193125-24-167037
- form_type: 8-K
- ticker: GRAL
- cik: 0001699031
- company_name: GRAIL, Inc.
- filed_at: 2024-06-24T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 1.01, 3.03, 5.03, 5.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1699031/000119312524167037/0001193125-24-167037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1699031/000119312524167037/d797014d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-167037
- JSON: https://secwatch.observer/filing/0001193125-24-167037.json
- Plain text: https://secwatch.observer/filing/0001193125-24-167037.txt

## Source-grounded claims
- claim_id: 2db3166ce0
  claim: Robert Ragusa was appointed as Chief Executive Officer at GRAIL, Inc..
  evidence_excerpt: Robert Ragusa Chief Executive Officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/1699031/000119312524167037/0001193125-24-167037-index.htm
- claim_id: 31e2f72129
  claim: Ankur Dhingra departed as Director at GRAIL, Inc..
  evidence_excerpt: Charles Dadswell, Ankur Dhingra and William (Bill) Chase ceased to be directors of GRAIL, LLC, the Company’s predecessor.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1699031/000119312524167037/0001193125-24-167037-index.htm
- claim_id: 34246d0816
  claim: William (Bill) Chase departed as Director at GRAIL, Inc..
  evidence_excerpt: Charles Dadswell, Ankur Dhingra and William (Bill) Chase ceased to be directors of GRAIL, LLC, the Company’s predecessor.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1699031/000119312524167037/0001193125-24-167037-index.htm
- claim_id: 65f997782d
  claim: Gregory (Greg) Summe was appointed as Director at GRAIL, Inc..
  evidence_excerpt: William (Bill) Chase, Steve Mizell, Gregory (Greg) Summe and Robert Ragusa were appointed to the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1699031/000119312524167037/0001193125-24-167037-index.htm
- claim_id: 6bb2ffd5b0
  claim: Gregory (Greg) Summe was appointed as Chair of the Board at GRAIL, Inc..
  evidence_excerpt: Mr. Summe was appointed as the Chair of the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1699031/000119312524167037/0001193125-24-167037-index.htm
- claim_id: a4ef8ba957
  claim: Josh Ofman was appointed as President at GRAIL, Inc..
  evidence_excerpt: Josh Ofman President
  evidence_url: https://www.sec.gov/Archives/edgar/data/1699031/000119312524167037/0001193125-24-167037-index.htm
- claim_id: b4fa968891
  claim: Aaron Freidin was appointed as Chief Financial Officer at GRAIL, Inc..
  evidence_excerpt: Aaron Freidin Chief Financial Officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/1699031/000119312524167037/0001193125-24-167037-index.htm
- claim_id: cf7f1d38d7
  claim: Steve Mizell was appointed as Director at GRAIL, Inc..
  evidence_excerpt: William (Bill) Chase, Steve Mizell, Gregory (Greg) Summe and Robert Ragusa were appointed to the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1699031/000119312524167037/0001193125-24-167037-index.htm
- claim_id: d0a8ba8179
  claim: Robert Ragusa was appointed as Director at GRAIL, Inc..
  evidence_excerpt: William (Bill) Chase, Steve Mizell, Gregory (Greg) Summe and Robert Ragusa were appointed to the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1699031/000119312524167037/0001193125-24-167037-index.htm
- claim_id: e75c934bda
  claim: William (Bill) Chase was appointed as Director at GRAIL, Inc..
  evidence_excerpt: William (Bill) Chase, Steve Mizell, Gregory (Greg) Summe and Robert Ragusa were appointed to the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1699031/000119312524167037/0001193125-24-167037-index.htm
- claim_id: f2ca007ce2
  claim: Charles Dadswell departed as Director at GRAIL, Inc..
  evidence_excerpt: Charles Dadswell, Ankur Dhingra and William (Bill) Chase ceased to be directors of GRAIL, LLC, the Company’s predecessor.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1699031/000119312524167037/0001193125-24-167037-index.htm

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