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AI brief of an SEC Form 8-K · NN INC (NNBR)

NN Inc. closes $50 million net private placement of common stock and pre-funded warrants

Mixed Impact 4 of 5 financing Written later

NN, Inc. closed a private placement on October 5, 2026, selling 11,275,605 common shares and pre-funded warrants for up to 4,824,395 shares at $3.30 per share, for about $50 million in net proceeds. The company said most proceeds will redeem its remaining Series D Preferred Stock, and the rest will fund business growth; shareholders face potential dilution from the new shares and resale registration.

Key points

  • Gross proceeds of about $53 million; net proceeds of about $50 million after a 6.0% placement agent fee and expenses
  • Closed October 5, 2026; 93,744,210 common shares outstanding immediately after issuance
  • Majority of net proceeds to redeem remaining Series D Preferred Stock; company must file resale registration statement within 45 days

The filing

CompanyNN INC (NNBR)
Form8-K, current report
Filed with the SECOct 5, 2026, 4:32 PM ET
Accession number0000918541-26-000105

Items reported: 1.01 Material Definitive Agreement3.02 Unregistered Equity Sale7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 05, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.