Impinj, Inc. (NASDAQ:PI), a leading provider and pioneer of solutions for identifying, locating and authenticating everyday items using RAIN RFID, today announced the pricing of its initial public offering of 4,800,000 shares of common stock at a price to the public of $14.00 per share. In addition, Impinj has granted the underwriters a 30-day option to purchase up to an additional 720,000 shares of common stock. Impinj’s common stock is expected to begin trading on the NASDAQ Global Select Market under the symbol “PI” on July 21, 2016. The offering is expected to close on July 26, 2016, subject to customary closing conditions.

RBC Capital Markets, Pacific Crest Securities, a division of KeyBanc Capital Markets, and Piper Jaffray are acting as joint book-running managers for the offering. Needham & Company is acting as lead manager and Canaccord Genuity is acting as co-manager.