{"schema_version":"secwatch.filing_event.v1","accession":"0001789769-24-000077","form_type":"8-K","ticker":"TIL","cik":"0001789769","company_name":"Instil Bio, Inc.","filed_at":"2024-08-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.533318+00:00","generated_at":"2026-05-31T13:55:16.816610+00:00","sec_items":["1.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Instil Bio licenses bispecific and CTLA-4 antibodies from ImmuneOnco in deal up to $2.15B","bullets":["SynBioTx (Instil subsidiary) gains exclusive license to IMM2510 (PD-L1/VEGF) and IMM27M (CTLA-4) outside Greater China.","ImmuneOnco receives $10M upfront, up to $50M near-term payments, plus up to $2.1B in milestones.","Royalties on net sales outside Greater China: single-digit to low double-digit percent.","SynBioTx can terminate for convenience on 180 days' notice; termination rights for breach or patent challenge.","ImmuneOnco retains development and commercialization rights within China, including Hong Kong, Macau, Taiwan."],"urls":{"canonical":"https://secwatch.observer/filing/0001789769-24-000077","json":"https://secwatch.observer/filing/0001789769-24-000077.json","markdown":"https://secwatch.observer/filing/0001789769-24-000077.md","text":"https://secwatch.observer/filing/0001789769-24-000077.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1789769/000178976924000077/0001789769-24-000077-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1789769/000178976924000077/til-20240801.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T13:55:16.816610+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}