Identiv, Inc. (NASDAQ:INVE) Files An 8-K Other Events

Identiv, Inc. (NASDAQ:INVE) Files An 8-K Other Events
Item 8.01 Other Events.

On April 7, 2021, Identiv, Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with the several Underwriters named in the Underwriting Agreement (the “Underwriters”) for whom B. Riley Securities, Inc. is acting as representative, relating to the public offering, issuance and sale by the Company of 3,286,385 shares of its common stock, $0.001 par value per share (“Common Stock”), at an offering price to the public of $10.65 per share. Under the terms of the Underwriting Agreement, the Company granted the Underwriters a 30-day option to purchase up to an additional 492,957 shares of Common Stock. The offering is being made to the Company’s effective shelf registration statement on Form S-3 (File No. 333-254423), that was filed with the Securities and Exchange Commission, including the related prospectus, dated March 25, 2021, as supplemented by a prospectus supplement dated April 7, 2021. The Underwriting Agreement is attached hereto as Exhibit 1.1 and is incorporated by reference herein. The foregoing description of the material terms of the Underwriting Agreement does not purport to be complete and is qualified in its entirety by reference to the terms of the Underwriting Agreement. A copy of the legal opinion relating to the legality of the issuance and sale of Common Stock in the offering is attached hereto as Exhibit 5.1.

On April 7, 2021, the Company issued a press release announcing the pricing of the offering. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits.

(d)         Exhibits.

1.1    Underwriting Agreement dated as of April 7, 2021 by and between the Company and B. Riley Securities, Inc., as representative of the several underwriters.
5.1    Opinion of Pillsbury Winthrop Shaw Pittman LLP.
23.1    Consent of Pillsbury Winthrop Shaw Pittman LLP (included in Exhibit 5.1).
99.1    Press Release dated April 7, 2021.

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Identiv, Inc. Exhibit
EX-1.1 2 d943478dex11.htm EX-1.1 EX-1.1 Exhibit 1.1 Execution Version IDENTIV,…
To view the full exhibit click here

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.

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