UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form  i 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):  i November 14, 2022

 

 i Illumina, Inc.

(Exact name of registrant as specified in its charter)

 

 

i 001-35406

(Commission File Number)

 

i Delaware		i 33-0804655
(State or other jurisdiction of incorporation)		(I.R.S. Employer Identification No.)

 i 5200 Illumina Way,  i San Diego,  i CA  i 92122

(Address of principal executive offices) (Zip code)

 i (858)  i 202-4500

(Registrant’s telephone number, including area code)

N/A

(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:

 

i ☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

i ☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

i ☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

i ☐	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
i Common Stock, $0.01 par value		i ILMN		The Nasdaq Global Select 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   i ☐

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 13a of the Exchange Act.  ☐

 

 

 

Item 7.01

Regulation FD Disclosure.

On November 14, 2022, Illumina, Inc. (the “Company”) commenced a headcount reduction of approximately 5% of its global workforce. The Company is proactively realigning Core Illumina operating expenses to reflect the current macro-economic environment while maintaining focus on its innovation roadmap and sustainable long-term growth. The Company expects to take a restructuring charge, which will also include expenses associated with optimization of our facilities, in the fourth quarter of 2022. This charge will be excluded from non-GAAP financial metrics.

This Current Report on Form 8-K is being furnished pursuant to Regulation FD. The information furnished pursuant to this Current Report on Form 8-K shall not be considered “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be incorporated by reference into any filing by the Company under the Securities Act of 1933, as amended, or under the Securities Exchange Act of 1934, as amended, unless the Company expressly sets forth by specific reference in such filing that such information is to be considered “filed” or incorporated by reference therein.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

				ILLUMINA, INC.
Date: November 14, 2022				By:		/s/ Joydeep Goswami
				Name:		Joydeep Goswami
				Title:		Chief Strategy and Corporate Development Officer and Interim Chief Financial Officer