Flexible Electronics News

Identiv Prices $30 Million Public Offering of Common Stock

Priced an underwritten public offering of two million shares at a public offering price of $15.00 per share

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Identiv, Inc. priced an underwritten public offering of 2,000,000 shares of its common stock at a public offering price of $15.00 per share. The offering is expected to close on Sept. 16, 2014, subject to satisfaction of customary closing conditions. Identiv expects to receive net proceeds of approximately $27.3 million from the sale of common stock, after deducting the underwriting discounts and estimated offering expenses payable by Identiv. Identiv intends to use the net proceeds from the ...

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