$PI (IMPINJ) — 8-K: Impinj swaps $56.3M of 2027 notes for $56.5M cash plus 188,451 shares

Impinj entered privately-negotiated exchange agreements covering $56.3 million in aggregate principal amount of its 1.125% Convertible Senior Notes due 2027. The company will pay approximately $56.5 million in cash and issue approximately 188,451 shares of common stock, with final amounts subject to a 2-day measurement period ending September 14, 2026. Closings are expected on or about September 16, 2026, leaving approximately $1.0 million of the 2027 Notes outstanding.

Impinj entered privately-negotiated exchange agreements covering $56.3 million in aggregate principal amount of its 1.125% Convertible Senior Notes due 2027. The company will pay approximately $56.5 m