NN INC (NNBR) Form 424B3 — Jul 21, 2026
NN Inc filed a prospectus for the resale of 24,509,804 shares of common stock by selling stockholders. These shares were originally purchased by institutional investors in a private placement on July 2, 2026, at a price of $3.06 per share, totaling $75.0 million. The company stated it will not receive any proceeds from the sale of these shares. The filing creates a substantial market overhang, as the shares offered for resale represent approximately 32% of the 77,083,705 shares outstanding as of the private placement date.
Key figures
- Gross Proceeds
- $75.0 million
- Offering Price
- $3.06
- Shares Offered
- 24509804
- Shares Outstanding
- 77083705
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