NN INC (NNBR) Form S-3 — Oct 13, 2026
NN, Inc. filed an S-3 shelf registration statement registering the resale of 16,100,000 shares of common stock — 11,275,605 direct shares plus 4,824,395 shares issuable upon exercise of pre-funded warrants — held by institutional selling stockholders from a private placement that closed October 5, 2026. The placement raised approximately $53 million gross ($50 million net) at $3.30 per share, priced about 18% below the $4.01 October 8 market price. NN will receive no proceeds from resales, only nominal proceeds from cash exercise of the $0.01 pre-funded warrants.
Key figures
- Gross Proceeds
- 53000000
- Offering Price
- 3.3
- Shares Offered
- 16100000
- Shares Outstanding
- 93744210
- Net Proceeds
- 50000000
- Shares direct
- 11275605
- Private placement close
- 2026-10-05
- Pre funded warrant price
- 3.29
- Outstanding warrants 11 03
- 1215000
- Pre funded warrant exercise price
- 0.01
- Last reported sale price oct8 2026
- 4.01
- Shares underlying pre funded warrants
- 4824395
- Max aggregate offering price fee table
- 66976000
AI analysis
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