secwatch.observer — SEC 8-K summary
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Issuer:     Invitae Corp (—)
CIK:        0001501134
Form:       8-K
Filed at:   2024-08-08T23:59:59+00:00
Accession:  0001193125-24-196195
Event type: m_and_a
Sentiment:  negative
Materiality: 1.00
Item codes: 1.03, 2.01, 3.03, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Invitae sells business to Labcorp for $239M, exits Chapter 11; stock canceled
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- Labcorp subsidiary acquired Invitae's business for $239M cash plus assumed liabilities; closed Aug 5, 2024.
- Chapter 11 plan confirmed and effective Aug 7, 2024; all common stock canceled with no value.
- Board of directors dissolved; CEO Kenneth D. Knight, CFO Ana J. Schrank, and other officers dismissed.
- Debtors reported $394M total assets and $1,692M total liabilities as of June 30, 2024.
- All existing notes, indentures, and equity interests discharged and cancelled.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1501134/000119312524196195/0001193125-24-196195-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1501134/000119312524196195/d859163d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-196195

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