---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-085436"
form_type: "8-K"
ticker: "INVE"
cik: "0001036044"
company_name: "Identiv, Inc."
filed_at: "2024-04-03T23:59:59+00:00"
generated_at: "2026-06-04T02:41:54.773532+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Identiv sells Physical Security Business for $145M; CEO to resign at closing

## Summary
- Sale to Hawk Acquisition for $145M subject to adjustments; Vitaprotech SAS guarantees buyer obligations.
- Closing conditions: stockholder approval, HSR, CFIUS, UK NSIA clearance; no buyer financing condition.
- Bleichroeder LP funds (12.4% common, 100% preferred) agree via Voting and Support Agreement to vote for the deal.
- Kristen Newquist appointed President IoT Solutions (eff. Apr 15); CEO Humphreys to depart at closing, Newquist to succeed.
- Termination fee of $5.075M for Identiv if superior proposal; expense reimbursement capped at $3M if stockholder vote fails.

## SEC filing metadata
- accession: 0001193125-24-085436
- form_type: 8-K
- ticker: INVE
- cik: 0001036044
- company_name: Identiv, Inc.
- filed_at: 2024-04-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1036044/000119312524085436/0001193125-24-085436-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1036044/000119312524085436/d747302d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-085436
- JSON: https://secwatch.observer/filing/0001193125-24-085436.json
- Plain text: https://secwatch.observer/filing/0001193125-24-085436.txt

## Key facts
- Executive change
  Steven Humphreys departed as Chief Executive Officer at Identiv, Inc..
  - Action: resign
  - Role: Chief Executive Officer
  source text: Steven Humphreys is expected to resign from his position as Identiv’s Chief Executive Officer and join an affiliate of Vitaprotech Group SAS, effective upon the Closing.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1036044/000119312524085436/0001193125-24-085436-index.htm
- Executive change
  Kristen F. Newquist was appointed as President, IoT Solutions at Identiv, Inc..
  - Action: appointed
  - Role: President, IoT Solutions
  source text: On April 1, 2024, the Board appointed Kristen F. Newquist as President, IoT Solutions, effective April 15, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1036044/000119312524085436/0001193125-24-085436-index.htm
- Material Agreements
  Identiv, Inc. entered into Stock and Asset Purchase Agreement with Hawk Acquisition, Inc. valued at $145 million (effective 2024-04-02).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Hawk Acquisition, Inc.
  - Value: $145 million
  - Effective: 2024-04-02
  source text: On April 2, 2024, Identiv, Inc. (“Identiv”), entered into a Stock and Asset Purchase Agreement (the “Purchase Agreement”) with Hawk Acquisition, Inc., a Delaware corporation (“Buyer”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1036044/000119312524085436/0001193125-24-085436-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.