Financing ·
On September 10, 2026, Impinj, Inc. entered into privately-negotiated exchange agreements to retire $56.3 million in…
PIImpinj Inc
On September 10, 2026, Impinj, Inc. entered into privately-negotiated exchange agreements to retire $56.3 million in aggregate principal amount of its outstanding 1.125% Convertible Senior Notes due 2027. The company agreed to pay approximately $56.5 million in cash and issue roughly 188,451 shares of common stock based on a reference price, with final amounts subject to adjustment during a measurement period ending September 14, 2026. Closings are expected around September 16, 2026, funded by existing cash reserves, leaving approximately $1.0 million in notes outstanding. Impinj operates in the technology sector as a leading provider of RAIN RFID solutions and Internet of Things hardware.