Identiv Files Proxy Statement Addendum

Ticker: INVE · Form: DEFA14A · Filed: May 22, 2024 · CIK: 1036044

Identiv, Inc. DEFA14A Filing Summary
FieldDetail
CompanyIdentiv, Inc. (INVE)
Form TypeDEFA14A
Filed DateMay 22, 2024
Risk Levellow
Pages9
Reading Time11 min
Key Dollar Amounts$145 million, $15 million, $18 m
Sentimentneutral

Sentiment: neutral

Topics: proxy-statement, sec-filing, corporate-governance

Related Tickers: INVE

TL;DR

Identiv filed more proxy docs, check for updates before voting.

AI Summary

Identiv, Inc. filed a Definitive Additional Materials proxy statement on May 22, 2024. This filing is related to the company's proxy materials and does not appear to contain new proposals or significant financial updates, but rather supplementary information for shareholders.

Why It Matters

This filing provides additional information to shareholders regarding Identiv's corporate governance and voting matters, ensuring they have complete details before any shareholder votes.

Risk Assessment

Risk Level: low — This filing is a routine proxy statement addendum, not indicating new risks or significant changes in company operations.

Key Players & Entities

  • Identiv, Inc. (company) — Registrant
  • 0001193125-24-144378 (filing_id) — Accession Number
  • 20240522 (date) — Filing Date

FAQ

What type of SEC filing is this for Identiv, Inc.?

This is a DEFA14A filing, specifically marked as Definitive Additional Materials.

When was this filing submitted to the SEC?

The filing was submitted on May 22, 2024.

What is the Accession Number for this filing?

The Accession Number is 0001193125-24-144378.

Is this a preliminary or definitive proxy statement?

This filing is marked as Definitive Additional Materials, indicating it is supplementary to definitive proxy materials already filed.

What is Identiv, Inc.'s primary business classification according to the filing?

Identiv, Inc. is classified under STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER PERIPHERAL EQUIPMENT, NEC [3577].

Filing Stats: 2,847 words · 11 min read · ~9 pages · Grade level 16.6 · Accepted 2024-05-22 06:05:56

Key Financial Figures

  • $145 million — Identiv will receive a cash payment of $145 million upon closing of the transaction, subjec
  • $15 million — of interest impact) is in the range of $15 million to $18 million, assuming the asset sale
  • $18 m — pact) is in the range of $15 million to $18 million, assuming the asset sale transact

Filing Documents

Forward-Looking Statements

Forward-Looking Statements This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are those involving future events and future results that are based on current expectations as well as the current beliefs and assumptions of management of Identiv and can be identified by words such as anticipate, believe, continue, plan, will, intend, expect, outlook, and similar references to the future. Any statement that is not a historical fact is a forward-looking statement, including the goals and benefits of the transaction; Identivs expectations with respect to the amount and use of proceeds from the transaction; the terms and conditions related to the transaction, including stockholder and regulatory approvals; the timing of the closing of the transaction; opportunities in the markets and industries in which Identiv operates, including healthcare, specialty retail, smart packaging, and smart home devices, and Identivs plans to expand its offerings within such markets and industries; beliefs regarding the strengths of Identivs business, including the belief that its design, development, and production capabilities are well-suited across a wide range of segments; Identivs plans to accelerate the transition of RFID manufacturing to its Thailand facility, including the expected timing and benefits thereof, including potential cost savings; expectations with respect to management and management following the completion of the proposed transaction, including the belief that Ms. Newquists background creates value creation opportunities and is ideal to drive the growth of Identivs business; Identivs beliefs regarding cost savings, cash needs and usage

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