Impinj, Inc. (NASDAQ:PI) Files An 8-K Results of Operations and Financial Condition

0

Impinj, Inc. (NASDAQ:PI) Files An 8-K Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Conditions.

On February1, 2018, Impinj Inc. (“Impinj”) issued a press release announcing its preliminary revenues for the fourth quarter of 2017 and anticipated revenues for the first quarter of 2018. A copy of the press release, entitled “Impinj Announces Preliminary Fourth Quarter Revenues, Reduced Outlook for First Quarter” is attached as Exhibit 99.1 to this current report on Form 8-K and is incorporated by reference herein.

The information in this current report on Form 8-K and the exhibit attached hereto shall not be deemed “filed” for purposes of Section18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing.

Item 2.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) On February1, 2018, Impinj reported that Evan Fein has decided to step down as Chief Financial Officer to pursue other opportunities. The disclosure in Item 2.02 of this Current Report on Form 8-K is qualified in its entirety by reference to Mr.Fein’s employment agreement, a copy of which we filed with the Securities and Exchange Commission as Exhibit 10.16 to Form S-1 on June2, 2016, and the description thereof in the section of the proxy statement we filed with the SEC on April21, 2017 captioned “Executive Compensation—Executive Employment Arrangements—Evan Fein.”

Item 2.02 Financial Statements and Exhibits

(d) Exhibits


IMPINJ INC Exhibit
EX-99.1 2 d468802dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 News Release Impinj Announces Preliminary Fourth Quarter 2017 Revenue,…
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.