NN Inc: 16.1M shares offered for stockholder resale
NN, Inc. (NNBR) registered 16,100,000 shares of common stock for resale by selling stockholders: 11,275,605 shares already issued and 4,824,395 shares issuable upon exercise of pre-funded warrants.
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NN, Inc. (NNBR) registered 16,100,000 shares of common stock for resale by selling stockholders: 11,275,605 shares already issued and 4,824,395 shares issuable upon exercise of pre-funded warrants. NN, Inc. will not receive proceeds from resales, but may receive nominal proceeds if the warrants are exercised for cash at $0.01 per share.
The securities were sold in a private placement that closed October 5, 2026. Investors paid an aggregate purchase price of approximately $53 million, and NN, Inc. received approximately $50 million net of placement agent fees and other offering expenses. The pre-funded warrants are immediately exercisable and may be exercised on a cashless basis. They have a 4.99% ownership limit, or 9.99% if elected by the holder, and a separate 19.99% ceiling that cannot be waived until stockholder approval. Selling stockholders may sell all, some or none through methods including brokerage transactions, block trades and private transactions. NNBR's last reported sale price was $3.55 per share on October 20, 2026.
Filing Explained
The placement is closed; this prospectus covers resale of already-issued shares, which changes ownership but not the share count, while exercising the pre-funded warrants could add 4,824,395 shares and dilute existing holders.
Key Figures
Key Terms
Pre-Funded Warrants financial
cashless basis financial
beneficial ownership limitation financial
Rule 144 regulatory
Offering Details
FAQ
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ABOUT THIS PROSPECTUS
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| | | | ii | | |
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PROSPECTUS SUMMARY
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| | | | 1 | | |
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RISK FACTORS
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| | | | 4 | | |
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SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS
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| | | | 4 | | |
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USE OF PROCEEDS
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| | | | 6 | | |
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DESCRIPTION OF CAPITAL STOCK
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| | | | 7 | | |
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SELLING STOCKHOLDERS
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| | | | 11 | | |
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PLAN OF DISTRIBUTION
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| | | | 14 | | |
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LEGAL MATTERS
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| | | | 15 | | |
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EXPERTS
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| | | | 15 | | |
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WHERE YOU CAN FIND ADDITIONAL INFORMATION
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| | | | 15 | | |
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INCORPORATION OF CERTAIN INFORMATION BY REFERENCE
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| | | | 16 | | |
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Name
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Number of
Shares Beneficially Owned Before this Offering |
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Number of
Shares Offered |
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Number of
Shares Beneficially Owned After this Offering |
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Percentage of
Shares Beneficially Owned after the Offering |
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AIGH Investment Partners, LP(1)
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| | | | 9,047,441 | | | | | | 3,338,778 | | | | | | 5,708,663 | | | | | | 6.1% | | |
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WVP Emerging Manager Onshore Fund, LLC – AIGH Series(2)
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| | | | 3,029,546 | | | | | | 1,206,677 | | | | | | 1,822,869 | | | | | | 1.9% | | |
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Alyeska Master Fund, L.P.(3)
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| | | | 4,677,836 | | | | | | 3,030,303 | | | | | | 3,156,895 | | | | | | 3.4% | | |
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Polar Long/Short Master Fund(4)
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| | | | 2,861,315 | | | | | | 1,515,152 | | | | | | 1,346,163 | | | | | | 1.4% | | |
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Polar Multi-Strategy Master Fund(4)
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| | | | 3,030,303 | | | | | | 3,030,303 | | | | | | — | | | | | | — | | |
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Lytton-Kambara Foundation(5)
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| | | | 806,573 | | | | | | 227,273 | | | | | | 579,300 | | | | | | * | | |
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Special Situations Fund III QP, L.P.(6)
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| | | | 702,456 | | | | | | 702,456 | | | | | | — | | | | | | — | | |
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Special Situations Cayman Fund, L.P.(6)
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| | | | 206,634 | | | | | | 206,634 | | | | | | — | | | | | | — | | |
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Funds managed by Empery Asset Management, LP(7)
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| | | | 569,697 | | | | | | 569,697 | | | | | | — | | | | | | — | | |
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Mink Brook Partners LP(8)
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| | | | 365,909 | | | | | | 365,909 | | | | | | — | | | | | | — | | |
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Name
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Number of
Shares Beneficially Owned Before this Offering |
| |
Number of
Shares Offered |
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Number of
Shares Beneficially Owned After this Offering |
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Percentage of
Shares Beneficially Owned after the Offering |
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Mink Brook Opportunity Fund LP(8)
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| | | | 164,394 | | | | | | 164,394 | | | | | | — | | | | | | — | | |
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GROW Small Cap Equity Long Short LP(9)
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| | | | 454,545 | | | | | | 454,545 | | | | | | — | | | | | | — | | |
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WPS Direct Fund(10)
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| | | | 940,606 | | | | | | 800,606 | | | | | | 140,000 | | | | | | * | | |
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WPS Capital Fund(10)
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| | | | 300,000 | | | | | | 160,000 | | | | | | 140,000 | | | | | | * | | |
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TSW Small Cap Opportunities Fund, a series of TSW Fund Management Company LLC(11)
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| | | | 782,484 | | | | | | 100,000 | | | | | | 682,484 | | | | | | * | | |
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Strategos Master Fund, L.P.(12)
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| | | | 938,721 | | | | | | 64,822 | | | | | | 873,899 | | | | | | * | | |
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Strategos Fund, L.P.(12)
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| | | | 1,963,048 | | | | | | 162,451 | | | | | | 1,800,597 | | | | | | 1.9% | | |