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Impinj prices upsized IPO at $14, the high end of the range

July 20, 2016
PI

Impinj, the leading provider of radio-frequency identification tags and reader chips, 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 plans to list on the Nasdaq under the symbol PI. RBC Capital Markets, Pacific Crest and Piper Jaffray acted as lead managers on the deal.