Identiv announces exercise in full of underwriters' option to purchase additional shares of common stock and closing of public offering

Fremont, calif., april 12, 2021 (globe newswire) -- identiv, inc. (nasdaq: inve) today announced the closing of its underwritten public offering of 3,779,342 shares of its common stock, which includes the full exercise of the underwriters' option to purchase 492,957 additional shares of common stock, at a public offering price of $10.65 per share. all of the shares in the offering were sold by identiv. the gross proceeds to identiv from the offering, before deducting the underwriting discounts and commissions and other offering expenses, were approximately $40.25 million.
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