Impinj, Inc. Announces Partial Repurchase of Convertible Notes

Impinj, Inc. has entered into agreements to repurchase approximately $40.2 million in aggregate principal amount of its 1.125% Convertible Notes due 2027. The total cost for these repurchases, including accrued interest, is approximately $47.2 million. The transactions are expected to close on March 16, 2026. Following the closings, about $57.3 million of the Notes will remain outstanding. This action was detailed in a press release issued on March 16, 2026. The company is involved in providing RAIN RFID solutions to connect everyday items to the internet, enabling the Internet of Things.