Impinj Announces Closing of Initial Public Offering

On July 26, 2016, Impinj, a leading pioneer and provider of solutions for identifying, locating, and authenticating everyday items using RAIN RFID technology, announced the closing of its initial public offering of 5,520,000 shares of common stock at a price to the public of $14.00 per share. The shares began trading on the Nasdaq Global Select Market on July 21, 2016, under the ticker symbol "PI." Wilson Sonsini Goodrich & Rosati advised Impinj in the offering.

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

The WSGR team that advised Impinj in the offering included partners Patrick Schultheis, Mike Nordtvedt, and Jeana Kim and associates Amanda Pollard and Ross Tanaka.

For more information please see Impinj's press release.