Impinj (PI) Launches 3.5M Share Common Stock Follow-on Offering

November 28, 2016 5:12 PM EST

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Impinj, Inc. (Nasdaq: PI) announced the launch of a proposed follow-on public offering of 3,515,869 shares of its common stock, which will include 1,000,000 shares to be offered by Impinj and 2,515,869 shares to be offered by certain selling stockholders. Impinj will not receive any proceeds from the sale of the shares by the selling stockholders. In addition, Impinj expects to grant the underwriters a 30-day option to purchase up to an additional 527,380 shares of its common stock.

Morgan Stanley, RBC Capital Markets, Pacific Crest Securities, a division of KeyBanc Capital Markets, and Piper Jaffray will act as joint book-running managers for the offering. Needham & Company will act as lead manager and Canaccord Genuity will act as co-manager.

The offering will be made only by means of a prospectus. Copies of the preliminary prospectus related to the offering 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.



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