Identiv Completes Asset Acquisition, Reports Officer Changes
Ticker: INVE · Form: 8-K · Filed: Sep 9, 2024 · CIK: 1036044
| Field | Detail |
|---|---|
| Company | Identiv, Inc. (INVE) |
| Form Type | 8-K |
| Filed Date | Sep 9, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.001, $144.2 million, $4.36 |
| Sentiment | neutral |
Sentiment: neutral
Topics: acquisition, management-change, filing
Related Tickers: IDNV
TL;DR
Identiv bought assets, swapped execs, and filed financials. Big changes underway.
AI Summary
Identiv, Inc. announced the completion of its acquisition of certain assets from a third party on September 6, 2024. The company also reported changes in its board of directors and executive officers, including the election of new directors and the appointment of new officers. Additionally, Identiv filed financial statements and exhibits related to these events.
Why It Matters
This filing indicates significant strategic moves for Identiv, including asset acquisition and internal leadership changes, which could impact its future business operations and financial performance.
Risk Assessment
Risk Level: medium — The filing involves an acquisition and changes in leadership, which inherently carry integration and strategic risks.
Key Players & Entities
- Identiv, Inc. (company) — Registrant
- September 6, 2024 (date) — Date of earliest event reported
FAQ
What specific assets were acquired by Identiv, Inc.?
The filing states that Identiv, Inc. completed the acquisition of certain assets from a third party, but does not specify the nature or value of these assets.
When did the asset acquisition by Identiv, Inc. officially close?
The acquisition of certain assets by Identiv, Inc. was completed on September 6, 2024.
Were there any changes to Identiv, Inc.'s board of directors?
Yes, the filing reports the departure of directors and the election of new directors.
Did Identiv, Inc. appoint any new officers?
Yes, the filing indicates the appointment of certain officers.
What type of financial statements were filed by Identiv, Inc.?
Identiv, Inc. filed financial statements and exhibits related to the reported events.
Filing Stats: 1,258 words · 5 min read · ~4 pages · Grade level 12.6 · Accepted 2024-09-09 16:06:01
Key Financial Figures
- $0.001 — ange on which registered Common Stock, $0.001 par value per share INVE The Nasdaq
- $144.2 million — ale, the Company received approximately $144.2 million in cash, subject to further customary a
- $4.36 — 's common stock at an exercise price of $4.36 per share, granted under the 2011 Plan
Filing Documents
- d857825d8k.htm (8-K) — 32KB
- d857825dex991.htm (EX-99.1) — 113KB
- 0001193125-24-215891.txt ( ) — 277KB
- inve-20240906.xsd (EX-101.SCH) — 3KB
- inve-20240906_lab.xml (EX-101.LAB) — 18KB
- inve-20240906_pre.xml (EX-101.PRE) — 11KB
- d857825d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (b) Pro Forma Financial Information. The Company's unaudited pro forma condensed consolidated financial information as of June 30, 2024 and for the six months ended June 30, 2024 and the year ended December 31, 2023 is filed as Exhibit 99.1 hereto and is incorporated by reference herein. (d) Exhibits. Exhibit No. Description 99.1 Unaudited Pro Forma Condensed Consolidated Financial Information. 104 Cover page Interactive data file (embedded within the inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Identiv, Inc. September 9, 2024 By: /s/ Justin Scarpulla Justin Scarpulla Chief Financial Officer