GRAIL enters $300M ATM equity distribution agreement with Morgan Stanley and TD Securities

GRAIL, Inc.

Company may sell up to $300M of common stock (max 6.9M shares) at-the-market.
Sales agents (Morgan Stanley, TD Securities) will receive 3.0% commission on gross proceeds.
Also filed prospectus for resale of 3.9M shares (1.93M common + 1.99M pre-funded warrant shares) from Oct 2025 purchase.
ATM proceeds intended for general corporate purposes; no specific use disclosed.

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