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Stock Alert: Identiv Ascends 8% After Pricing Public Offering

Shares of physical security and secure identification solutions provider Identiv, Inc. (INVE) are rising more than 8% Thursday morning at $11.57.

The company today priced the public offering of about 3.3 million shares at $10.65 per share.

The gross proceeds from the offering, which is expected to close on April 12, 2021, is estimated to be nearly $35 million.

INVE has been trading in the range of $2.51- $13.80 in the last one year.

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