Impinj, Inc.
241.91+6.02 (+2.55%)
Oct 29, 4:00:01 PM EDT · NasdaqGS · PI · USD
Key Stats
Market Cap
7.04BP/E (TTM)
-Basic EPS (TTM)
0.00Dividend Yield
0%Recent Filings
8-K
10-Q
8-K
Impinj appoints new board director
Impinj's board expanded to seven members on October 20, 2025, appointing Arthur L. Valdez Jr. as a director with a term ending at the next annual stockholder meeting. No arrangements, related transactions, or family ties influenced his selection; he'll follow the standard outside director compensation and indemnification terms. This addition bolsters governance without disclosed strategic shifts.
8-K
Impinj prices $190M convertible notes
Impinj priced $170 million of 0% convertible senior notes due 2029 on September 3, 2025, upsized from $150 million after initial purchasers exercised their $20 million option, yielding $190 million total. Net proceeds of $183.6 million funded the exchange of $190 million in 2027 notes for $190.5 million cash and 0.8 million shares, plus $11.2 million for capped calls to curb dilution. This extends debt maturity while preserving cash flow. Yet dilution looms if stock tops $340.32.
8-K
Impinj proposes $150M notes offering
Impinj announced plans for a $150 million private offering of Convertible Senior Notes due 2029, with an option for $25 million more, to qualified institutional buyers. The senior unsecured notes, maturing September 15, 2029, will fund an exchange of its 1.125% 2027 Notes for cash and stock, alongside capped call transactions to curb dilution. Market hedges by counterparties could sway stock prices. Forward-looking terms hinge on pricing amid uncertainties.
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