Impinj, Inc. Announces Pricing of Follow-On Public Offering
December 01 2016 - 9:20PM
Impinj, Inc. (NASDAQ:PI), a leading provider and pioneer of
solutions for identifying, locating and authenticating everyday
items using RAIN RFID, today announced the pricing of its follow-on
public offering of 3,515,869 shares of common stock at a price to
the public of $27.00 per share. The number of shares sold in this
offering include 1,000,000 shares offered by Impinj and 2,515,869
shares offered by certain selling stockholders. Impinj will not
receive any proceeds from the sale of the shares by the selling
stockholders. In addition, Impinj has granted the underwriters a
30-day option to purchase up to an additional 527,380 shares of
common stock from Impinj at the public offering price.
Morgan Stanley, RBC Capital Markets, Pacific Crest Securities, a
division of KeyBanc Capital Markets, and Piper Jaffray are acting
as joint book-running managers for the offering. Needham &
Company is acting as lead manager and Canaccord Genuity is acting
as co-manager.
The offering is being made only by means of a prospectus. Copies
of the final prospectus relating to the offering, when available,
may be obtained from Morgan Stanley & Co. LLC, Attention:
Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY
10014; RBC Capital Markets, LLC, Attention: Equity Syndicate, 200
Vesey Street, 8th Floor, New York, NY 10281-8098, or by email to
equityprospectus@rbccm.com, or by telephone at (877) 822-4089;
Pacific Crest Securities, a division of KeyBanc Capital Markets
Inc., Attention: Equity Syndicate, 127 Public Square, 4th Floor,
Cleveland, Ohio 44114, or by telephone at (800) 859-1783; and Piper
Jaffray & Co., Attention: Prospectus Department, 800 Nicollet
Mall, Minneapolis, MN 55402, or by email to prospectus@pjc.com, or
by telephone at (800) 747-3924.
A registration statement relating to these securities has been
filed with the Securities and Exchange Commission and was declared
effective on December 1, 2016. Copies of the registration
statement, as amended, can be accessed through the SEC’s
website at www.sec.gov. This press release shall not
constitute an offer to sell or the solicitation of an offer to buy,
nor shall there be any sale of these securities in any state or
jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction.
Investor Relations Contact:
Maria Riley & Chelsea Lish
The Blueshirt Group
ir@impinj.com
(206) 315-4470
Media Contact:
Erika Goodmanson
Sr. Director, Marketing and Communications
egoodmanson@impinj.com
(206) 812-9744
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