Impinj Priced, Nasdaq: PI

Leading provider of radio-frequency identification tags and reader chips.

Industry: Technology

Latest Trade: $28.47 +0.36 (+1.3%)

First Day Return: +28.4%

Return from IPO: +100.8%

Industry: Technology

Our vision is digital life for everyday items. Our mission is to provide wireless connectivity for these everyday items and to deliver, to the digital world, each item’s unique identity, location and authenticity. Our platform connects billions of everyday items such as apparel, medical supplies, automobile parts, drivers licenses, food and luggage to applications such as inventory management, patient safety, asset tracking and item authentication, delivering real-time information to businesses about items they create, manage, transport and sell. We believe connecting everyday items and delivering real-time information about them is the essence of the Internet-of-Things, or IoT. We connect everyday items using RAIN, a radio-frequency identification technology we pioneered. We spearheaded development of the RAIN radio standard, lobbied governments to allocate frequency spectrum and cofounded the RAIN Industry Alliance along with Google, Intel and Smartrac. Today, our industry uses the RAIN radio standard nearly exclusively. RAIN spectrum is freely available in 78 countries representing roughly 96.5% of the world’s GDP and the RAIN Alliance has more than 115 member companies worldwide. We sell a platform that includes tag ICs, reader ICs, readers and gateways that enable wireless connectivity to everyday items, and software that delivers Item Intelligence from endpoint reads. Our platform is secure, easy to deploy and manage, flexible to meet end user needs across a range of industries including retail and healthcare, and scalable from a single location, store or hospital to large enterprises.
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IPO News for Impinj
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IPO Data
IPO File Date 06/02/2016
Offer Price $14.00
Price Range $12.00 - $14.00
Offer Shares (mm) 4.8
Deal Size ($mm) $67
IPO Data
IPO Date 07/20/2016
Offer Price $14.00
Price Range $12.00 - $14.00
Offer Shares (mm) 4.8
Deal Size ($mm) $67
Underwriters
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Company Data
Headquarters Seattle, WA
Founded 2000
Employees 208
Website www.impinj.com