FaegreBD Advises Underwriter in Identiv Offering
Faegre Baker Daniels represented Northland Capital Markets as the sole bookrunner in a $13.8 million underwritten public offering for Identiv, Inc. The common stock trades on the NASDAQ Capital Market under the symbol “INVE.” The company closed on the offering on May 24, 2017.
Identiv, Inc. is a global provider of physical security and secure identification. Identiv’s products, software, systems, and services address the markets for physical and logical access control and a wide range of RFID-enabled applications. Customers in the government, enterprise, consumer, education, healthcare, and transportation sectors rely on Identiv’s access and identification solutions. Identiv’s mission is to secure the connected physical world: from perimeter to desktop access, and from the world of physical things to the Internet of Everything.
Jonathan Zimmerman and Jeff Sherman, partners in FaegreBD’s capital markets practice, led the team along with Devon Steinmeyer and Steve Conley. Northland Capital Markets is the trade name for certain capital markets and investment banking services of Northland Securities, Inc., member FINRA/SIPC.