secwatch.observer — SEC 8-K summary
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Issuer:     GRAIL, Inc. (GRAL)
CIK:        0001699031
Form:       8-K
Filed at:   2025-09-18T23:59:59+00:00
Accession:  0001699031-25-000180
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GRAIL signs 11-year lease for 75,556 RSF Sunnyvale HQ; base rent ~$449,558/month
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- 11-year lease for ~75,556 RSF office/lab at 250 S. Matilda Ave, Sunnyvale, CA.
- Lease starts Oct 1, 2026; expires Sep 30, 2037; base rent starts at $5.39M/yr (~$5.95/RSF) escalating ~5% annually.
- Tenant improvement allowance of $14.36M ($190/RSF) plus $3.02M ($40/RSF) additional allowance.
- Landlord requires a $3.625M letter of credit as security.
- Tenant has option to expand into additional space and renew for five years.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1699031/000169903125000180/0001699031-25-000180-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1699031/000169903125000180/gral-20250911.htm
  HTML page:      https://secwatch.observer/filing/0001699031-25-000180

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer