Bleichroeder LP Amends Identiv Stake Filing

TL;DR

Bleichroeder LP updated its 13D filing for Identiv (INVE) - check for ownership changes.

AI Summary

Bleichroeder LP filed an amendment (No. 3) to its Schedule 13D on May 22, 2024, regarding its holdings in Identiv, Inc. The filing indicates a change in the beneficial ownership of Identiv's common stock. Bleichroeder LP, located at 1345 Avenue of the Americas in New York, is the filer.

Why It Matters

This amendment signals a potential shift in the ownership structure or strategy of Identiv, Inc., which could influence its stock performance and corporate direction.

Risk Assessment

Risk Level: medium — Schedule 13D filings often indicate significant investor activity, which can lead to increased volatility and potential strategic changes for the company.

Key Players & Entities

• Bleichroeder LP (company) — Filer of the Schedule 13D/A
• Identiv, Inc. (company) — Subject company of the filing
• May 22, 2024 (date) — Date of the filing amendment

FAQ

Key Financial Figures

• $0.001 — Inc. (Name of Issuer) Common Stock, $0.001 par value (Title of Class of Securiti

Filing Documents

• Identiv13DA.htm (SC 13D/A) — 36KB
• 0001781002-24-000037.txt ( ) — 38KB

Purpose of Transaction

Item 4. Purpose of Transaction.

of Schedule 13D is hereby amended to include the following

Item 4 of Schedule 13D is hereby amended to include the following: On May 22, 2024, Bleichroeder sent a letter to the Board of Directors of the Issuer. A copy of the letter is attached as Exhibit 5 hereto and incorporated by reference in this Item 4 in its entirety.

Material to be filed as Exhibits

Item 7. Material to be filed as Exhibits.

of Schedule 13D is hereby amended to include the following

Item 7 of Schedule 13D is hereby amended to include the following: Exhibit 5 Letter to the Board of Directors of the Issuer, dated May 22, 2024. SIGNATURE After reasonable inquiry and to the best of each of the undersigned’s knowledge and belief, each of the undersigned, severally and not jointly, certifies that the information set forth in this statement is true, complete and correct. Dated: May 22, 2024 BLEICHROEDER LP By: /s/ Michael M. Kellen Name: Michael M. Kellen Title: Chairman and Co-CEO BLEICHROEDER HOLDINGS LLC By: /s/ Michael M. Kellen Name: Michael M. Kellen Title: Chairman and Co-CEO EXHIBIT 5 Bleichroeder LP 1345 Avenue of the Americas New York, NY 10105 May 22, 2024 Board of Directors Identiv, Inc. c/o James Ousley, Chairman 2201 Walnut Avenue, Suite 100 Fremont, California 94538 Dear Members of the Board: Bleichroeder L.P., together with its affiliates (“ Bleichroeder ”), has been a material stockholder of Identiv, Inc. (the “ Company ”) since 2019 and currently beneficially owns 19.9% of the Common Stock of the Company. Bleichroeder is supportive of the recently-announced sale of the Company’s physical security, access card, and identity reader operations and assets to Hawk Acquisition, Inc., a Delaware corporation (“ Hawk ”), and intends to vote in favor of such transaction at the Company’s 2024 Annual Meeting of Stockholders in accordance with the terms of its Voting and Support Agreement with Hawk. Bleichroeder, however, does not support the reelection of Gary Kremen to the Company’s board of directors, and currently intends to vote against the reelection of Mr. Kremen to the Company’s board of directors at the Company’s 2024 Annual Meeting of Stockholders. Bleichroeder is expressing its own views with respect to certain proposals at the Company’s 2024 Annual Meeting of Stockholders and, for the avoidance of doubt, is not soliciting prox

View Full Filing

View this SC 13D/A filing on SEC EDGAR