Impinj, Inc. (NASDAQ:PI) Files An 8-K Other Events

ME Staff 8-k

5 years ago

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

On June 6, 2019, Impinj, Inc. (Impinj) filed a patent infringement lawsuit against NXP USA, Inc., a Delaware corporation and subsidiary of NXP Semiconductors N.V. (NXP), in the U.S. District Court for the Northern District of California. Impinjs complaint (Case No. 5:19-CV-03161) alleges that certain NXP integrated circuit products infringed and continue to infringe numerous U.S. patents owned by Impinj. Impinj is seeking, among other things, past damages, including lost profits, and no less than a reasonable royalty; enhanced damages for willful infringement; and reasonable attorneys fees and costs for infringement of each of the asserted patents. Impinj is also seeking an injunction against NXP making, selling, using, offering for sale or importing the RAIN RFID integrated circuit product NXP introduced in 2017.

A copy of a CEO letter posted to Impinjs website is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits

99.1

CEO Letter dated June 6, 2019.

IMPINJ INC Exhibit
EX-99.1 2 d758345dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 June 6,…
To view the full exhibit click here

About Impinj, Inc. (NASDAQ:PI)

Impinj, Inc. is a provider of RAIN radio frequency identification (RFID) solutions. The Company sells a platform that includes endpoint integrated circuits (ICs), reader ICs, readers and gateways that enable wireless connectivity to everyday items, and software that delivers Item Intelligence from endpoint reads. The Impinj 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. The Impinj Platform wirelessly delivers information about these items’ identity, location and authenticity, or Item Intelligence, to the digital world.