Impinj exchanges $56.3M of 2027 convertible notes for cash and ~188k shares

IMPINJ INC

Exchanged $56.3M principal of 1.125% Convertible Senior Notes due 2027 for ~$56.5M cash and ~188,451 common shares.
Closings expected on or about September 16, 2026; funded with cash on hand.
Approximately $1.0M aggregate principal of 2027 Notes will remain outstanding after the exchange.
Consideration subject to 2-day measurement period ending September 14, 2026; amounts may adjust.
Exchange done as private placement under Section 4(a)(2); shares issued only to qualified institutional buyers.

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