---
schema_version: "secwatch.filing_event.v1"
accession: "0001501134-24-000007"
form_type: "8-K"
ticker: null
cik: "0001501134"
company_name: "Invitae Corp"
filed_at: "2024-01-22T23:59:59+00:00"
generated_at: "2026-06-06T20:37:31.495692+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Invitae sells reproductive health assets to Natera for up to $52.5M

## Summary
- Upfront $10M cash; up to $20M litigation credits/cash from Natera v. ArcherDx case; up to $22.5M retention milestone.
- Natera hires Invitae reproductive health sales reps; transitions carrier screening and NIPT customers.
- Non-compete on testing services until March 2027; transition services through July 2024.
- Workforce reduction; expects $44M annualized OpEx cash savings from sale, excluding severance.
- Past damages cap of $20M for infringing sales in Natera v. ArcherDx case.

## SEC filing metadata
- accession: 0001501134-24-000007
- form_type: 8-K
- cik: 0001501134
- company_name: Invitae Corp
- filed_at: 2024-01-22T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 2.05, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1501134/000150113424000007/0001501134-24-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1501134/000150113424000007/nvta-20240117.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001501134-24-000007
- JSON: https://secwatch.observer/filing/0001501134-24-000007.json
- Plain text: https://secwatch.observer/filing/0001501134-24-000007.txt

## Key facts
- M&A Transactions
  Invitae Corp completed a disposition involving Natera, Inc. for $10.0 million (closed 2024-01-17).
  - Action: disposition
  - Counterparty: Natera, Inc.
  - Consideration: $10.0 million
  - Closing: 2024-01-17
  source text: certain Invitae employees engaged in the reproductive health category. In consideration for the purchased assets, Natera (i) has made an upfront payment in cash in the amount of $10.0 million to Invitae and (ii) will make additional payments up to $42.5 million, which amount, if any, includes (a) the payment of cash and/or providing litigation-related credits in
  evidence_url: https://www.sec.gov/Archives/edgar/data/1501134/000150113424000007/0001501134-24-000007-index.htm
- Material Agreements
  Invitae Corp entered into Asset Purchase Agreement with Natera, Inc. valued at upfront payment $10.0 million; additional payments up to $42.5 million (including up to $20.0 millio (effective 2024-01-17).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Natera, Inc.
  - Value: upfront payment $10.0 million; additional payments up to $42.5 million (including up to $20.0 millio
  - Effective: 2024-01-17
  source text: On January 17, 2024, Invitae Corporation (the “Company”) entered into and subsequently closed an Asset Purchase Agreement (the “Agreement”) with Natera, Inc., a Delaware corporation (“Natera”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1501134/000150113424000007/0001501134-24-000007-index.htm

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