UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 15, 2022
Personalis, Inc.
(Exact name of Registrant as Specified in Its Charter)
Delaware | 001-38943 | 27-5411038 |
(State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
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1330 O’Brien Drive Menlo Park, California 94025 |
| 94025 |
(Address of Principal Executive Offices) |
| (Zip Code) |
(650) 752-1300
Registrant’s Telephone Number, Including Area Code
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class |
| Trading Symbol(s) |
| Name of each exchange on which registered |
Common Stock, $0.0001 par value per share |
| PSNL |
| The Nasdaq Global Market |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Events.
As previously reported, in September 2022, Personalis, Inc. (the “Company”) entered into a new contract with the U.S. Department of Veterans Affairs Million Veteran Program (the “VA MVP”) to continue providing them whole genome sequencing services. The Company concurrently received an initial task order with a value of up to $10.0 million, subject to the receipt of samples from the VA MVP. After the contract was awarded and announced, the Company was notified that the contract was under protest by a competitive bidder as permitted under Federal Acquisition Regulations, which required an immediate work stoppage pending resolution of the protest.
On November 15, 2022, the VA MVP informed the Company that the bidder protest has been resolved in a manner favorable to the Company and that the stop-work order has been lifted.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Date: November 15, 2022 |
| Personalis, Inc. | |
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| By: | /s/ Aaron Tachibana |
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| Aaron Tachibana |
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| Chief Financial Officer |