Impinj Secures Deals to Exchange 2027 Convertible Notes for Cash, Stock
MT newswire2026/09/11 08:36Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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04:36 AM EDT, 09/11/2026 (MT Newswires) -- Impinj (PI) has entered into privately negotiated deals to exchange about $56.3 million of its 1.125% convertible senior notes due 2027 for $56.5 million in cash and 188,451 common shares, subject to adjustments, the company said late Thursday. The company will fund the exchange using its available cash. The deals are expected to close around Sept. 16. Following the exchange, about $1 million in principal amount of the 2027 notes will remain outstanding, the company said.
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