IDENTIV, INC. (NASDAQ:INVE) Files An 8-K Other Events
Item8.01. Other Events.
On May18, 2017, Identiv, Inc. (the Company) entered into an
underwriting agreement (the Underwriting Agreement) with
Northland Securities, Inc. (the Underwriter), relating to the
public offering of 2,474,226 shares of the Companys common stock,
$0.001 par value per share (Common Stock), at a public offering
price of $4.85 per share. The offering is scheduled to close on
or about May24 2017, subject to customary closing conditions. The
Company has granted the Underwriter an option, exercisable within
30 days from the date of the Underwriting Agreement, to purchase
up to 371,134 additional shares of Common Stock. The offering is
being made to the Companys effective shelf registration statement
on FormS-3 (File No.333-217366) previously filed with the
Securities and Exchange Commission, including the related
prospectus dated May 4, 2017, as supplemented by the prospectus
supplement dated May18, 2017. The Underwriting Agreement is filed
as Exhibit1.1 hereto and is incorporated by reference herein. The
description of the Underwriting Agreement in this report is a
summary and is qualified in its entirety by the terms of the
On May19, 2017, the Company issued a press release announcing the
pricing of the public offering. A copy of the press release is
filed as Exhibit99.1 to this report and is incorporated by
Item9.01. Financial Statements and Exhibits.
Underwriting Agreement dated as of May18, 2017 between the
Company and Northland Securities, Inc.
|5.1||Opinion of Pillsbury Winthrop Shaw Pittman LLP.|
Consent of Pillsbury Winthrop Shaw Pittman LLP (included in
|99.1||Press Release dated May19, 2017.|
About IDENTIV, INC. (NASDAQ:INVE)
Identiv, Inc. is a global security technology company. The Company operates through four segments: Physical access control systems (PACS), Identity, Credentials and All Other. PACS segment provides solutions and services that enable the issuance, management and use of secure identity credentials in diverse markets. PACS business offers Hirsch line of controllers, including the advanced MX line, Hirsch’s Velocity management software and its Identiv connected physical access manager software, EDGE controller and reader package. Identity segment offers products to secure enterprise information, including login and printers through delivery of smart card reader products and identity management through its idOnDemand service. Credentials segment offers access cards, radio frequency identification (RFID) and near field communication products, including cards, labels, tags and stickers, as well as RF components. All Other segment includes products, such as Chipdrive and Digital Media readers. IDENTIV, INC. (NASDAQ:INVE) Recent Trading Information
IDENTIV, INC. (NASDAQ:INVE) closed its last trading session up +0.74 at 5.72 with 35,312 shares trading hands.