RFID provider Impinj IPOs


Jul 22 2016

"We deliver Item Intelligence, information about physical items, to the digital world." The company raised $67 million by offering 4.8 million shares (up from the originally filed 4.6 million) at $14, the high end of the range of $12 to $14. Impinj is listed on the Nasdaq under the symbol PI and opened on Friday above $18.


More Details

Highlights

+ NASDAQ: PI - http://finance.yahoo.com/quote/pi

+ In the first calendar quarter of the year, Impinj had a $2.3 million loss on $21.6 million in revenue

+ Impinj was founded by Dr. Carver Mead and Dr. Chris Diorio in 2000.

Additional Coverage

- https://techcrunch.com/2016/07/21/impinj-soars-28-in-internet-of-things-ipo/

- http://www.seattletimes.com/business/technology/impinj-stock-soars-20-percent-on-stock-market-debut/

- http://www.geekwire.com/2016/rfid-tag-maker-impinj-prices-ipo-14-shares-soar/





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