NN Inc 8-K Filings

NN INC (NNBR) released an updated investor presentation for a virtual non-deal roadshow, highlighting strong 2026 guidance and recent operating momentum. For 2025, net sales were $422.2 million with non-GAAP adjusted EBITDA of $49.0 million (11.6% margin).

For 2026, midpoint guidance targets net sales of $470 million and adjusted EBITDA of $60 million, increases of 10% and 22% versus 2025. Q2 2026 net sales grew 19% year over year to $128.7 million, while adjusted EBITDA rose 36% to $17.9 million, with margin expanding to 13.9%. Growth is concentrated in data center and electric grid, defense and electronics, and medical markets, supported by multi-year program wins and an expanding global manufacturing footprint.

NN, Inc. reported strong Q2 2026 results with net sales of $128.7 million, up 19.3% year over year, and adjusted EBITDA of $17.9 million, up 36.1%. Adjusted gross margin rose to 20.3%, while GAAP net loss narrowed to $2.3 million from $8.1 million, reflecting improved mix and operating performance.

Management highlighted its 5 Pillar growth program, citing approximately $40 million in new wins in Data Center, Medical and Defense and over 100 year-to-date program awards valued at about $80 million annually. Power Solutions net sales grew 39.5% to $62.3 million with higher profitability, and Mobile Solutions net sales grew 5.0% to $66.6 million with higher adjusted operating income.

The company raised 2026 guidance to a net sales midpoint of $470 million, adjusted EBITDA of $55–$65 million, and new business wins of $80–$100 million. It also announced a $124M preferred stock refinancing, including an $89M payoff funded by a PIPE transaction and equitization, which it states materially de-leverages the business and reduces annual paid-in-kind interest by about $13M.

NN, Inc. entered into a letter agreement with Legion Partners Asset Management, LLC and certain of its affiliates on July 29, 2026. This arrangement relates to a previously disclosed Cooperation Agreement dated January 16, 2026.

Under the new letter, the company agreed to accelerate vesting of 49,079 shares of restricted stock awarded to director Raymond T. White in connection with his board service, and the Legion parties irrevocably waived their replacement rights provided in Section 1(f) of the Cooperation Agreement.

NN, Inc. granted new performance share units (PSUs) on July 23, 2026 to its President and Chief Executive Officer Harold Bevis, Chief Operating Officer Tim French, and Senior Vice President and Chief Financial Officer Chris Bohnert under its Amended and Restated Omnibus Incentive Plan.

The awards cover 250,000, 140,000, and 110,000 target PSUs, respectively, intended to reward performance to date, motivate execution of company strategy, and support executive retention. Vesting depends on four equally weighted performance metrics: cumulative adjusted EBITDA, free cash flow, and net sales for January 1, 2026 through December 31, 2028, plus relative total shareholder return over the three-year period from the grant date. Payouts can range from 0% to 200% of target, generally require continued service through certification of results, and include prorated vesting provisions for death, disability, or a Change in Control.

NN, Inc. disclosed that board member Raymond T. White resigned from its board of directors, effective immediately on July 20, 2026. His departure is treated as a change in the company’s director group.

The company stated that Mr. White’s resignation was not due to any disagreement with NN, Inc., its management, the board, or any board committee regarding operations, policies, or practices. Other aspects of the board’s composition and executive leadership are not described as changing in this report.

NN, Inc. entered into a Securities Purchase Agreement with institutional investors for a private placement of 24,509,804 common shares at $3.06 per share, for expected gross proceeds of $75.0 million at closing. The closing is expected on or about July 2, 2026, subject to customary conditions. Craig-Hallum Capital Group LLC will act as placement agent and receive a fee of approximately 6.0% of aggregate gross proceeds plus expense reimbursement. NN, Inc. also signed a Registration Rights Agreement, committing to file and make effective a resale registration statement for these shares within defined 45- and 90-day time frames, with liquidated damages payable to investors if the registration obligations are not met.

NN, Inc. furnished an updated investor presentation outlining its 2026 outlook and multi‑year growth strategy. Management highlights a transformed, 45‑year‑old industrial components business focused on high‑value vehicle parts, electric grid and data centers, defense and electronics, and medical markets.

The presentation cites 2026 mid‑point guidance of $460 million in sales plus over $100 million from a joint venture, with adjusted EBITDA of $57 million and a 12% margin. Electric grid and data center products are described as NN’s second‑largest market, with trailing 12‑month sales of $73 million and a near‑term goal of $100 million.

Management reports about 700 customers served from 27 facilities worldwide and notes that global auto end markets have declined from 65% of sales in 2023 to 44% as of Q1 2026, reflecting diversification into faster‑growing sectors. The company also discusses non‑GAAP metrics such as adjusted gross margin and adjusted net income, with reconciliations included in the materials.

NN, Inc. announced that Jami A. Statham, its Senior Vice President, General Counsel and Corporate Secretary, will step down from her role effective at the close of business on July 9, 2026. She is expected to remain in her position and assist with transitioning her responsibilities until that date.

The company states that her decision is not due to any disagreement regarding operations, policies or practices. Under a Transition Agreement dated June 11, 2026, she will continue to receive her current base salary, standard benefits, continued vesting of outstanding equity awards through the transition date, and a pro-rated 2026 target bonus, subject to a customary release of claims. NN, Inc. plans to use an external search firm to identify her successor.

NN, Inc. held its 2026 Annual Meeting of Stockholders on May 20, 2026, where stockholders approved the Amended and Restated 2022 Omnibus Incentive Plan. The plan increases the number of shares of common stock reserved for issuance by 2,000,000 shares, following prior board approval subject to stockholder consent.

Stockholders elected eight directors to one-year terms and cast a favorable advisory vote on executive compensation. They also ratified the selection of Grant Thornton LLP as registered independent public accounting firm for the fiscal year ending December 31, 2026.

NN, Inc. (NNBR) used a May 2026 investor presentation to outline higher 2026 guidance and a faster growth plan. For full year 2026, the company now targets net sales of $450–$470 million and adjusted EBITDA of $52–$62 million, implying an adjusted EBITDA margin of over 12%.

The midpoint of this outlook represents about 9% higher sales and 16% higher adjusted EBITDA versus the prior year, with expected record results in several metrics, including adjusted EBITDA and adjusted EPS. Management highlights strong Q1 2026 performance, broad-based customer growth, and raised new business wins guidance to $80–$90 million, concentrated in Electric Grid & Data Center and Defense & Electronics.

NN is shifting its sales mix away from autos into higher-value growth markets. Growth markets increased from 35% of sales in 2023 to 56% in Q1 2026. The company also pulled forward its five-year value creation targets, now aiming for $600 million in net sales and $80 million of adjusted EBITDA by 2029, with higher gross and EBITDA margin goals, supported by a lower-cost operating model and diversification into Electric Grid & Data Center, Defense & Electronics, and Medical.

NN, Inc. reported strong Q1 2026 momentum, with net sales of $118.5 million, up 12.1% from Q1 2025, and adjusted EBITDA of $14.1 million, up 33.0% and lifting adjusted EBITDA margin to 11.9%.

Despite a GAAP net loss of $6.8 million (–$0.25 per share), adjusted net income reached $1.0 million, or $0.02 per diluted share, reversing an adjusted loss a year earlier. Growth was led by Power Solutions, where sales rose 27.3% to $55.4 million and adjusted operating income nearly doubled.

On the back of these results, NN raised its full‑year 2026 guidance: net sales of $450–$470 million (9% growth at midpoint), adjusted EBITDA of $52–$62 million (16% growth at midpoint), and new business wins of $80–$90 million (14% growth at midpoint). Management now expects long‑term 2030 financial targets to be achieved in 2029, reflecting faster progress in higher‑margin end markets such as Electric Grid & Data Center, Defense & Electronics, and Medical.

NN, Inc. provided a preliminary update indicating Q1 2026 net sales are expected to grow versus the prior year and its forecast, and it raised 2026 new business wins guidance to $80–$90 million. The company reported about $43 million of new awards in Q1 at peak annual sales, heavily concentrated in Electric Grid and Data Center markets, and said more than 60 new programs have launched, creating a shippable backlog as orders outpaced production. NN is maintaining its 2026 net sales guidance of $445–$465 million and expects results toward the top half of that range. Management emphasized that these figures are preliminary and subject to final closing procedures, and plans to release full Q1 2026 results on May 6, 2026.

NN, Inc. furnished an updated investor presentation on its website, which will be used at the 38th Annual ROTH Conference on March 23–24, 2026. The presentation is attached as Exhibit 99.1 and is provided under a Regulation FD disclosure item.

The company states that this material is deemed “furnished,” not “filed,” so it is not subject to certain Exchange Act liabilities and is not automatically incorporated into other securities law filings. NN, Inc. also highlights that it routinely posts important information for investors on its investor relations website.

NN, Inc. reported 2025 results showing lower sales but stronger profitability metrics. Net sales were $422.2 million, down from $464.3 million in 2024, largely due to exiting underperforming businesses and a prior divestiture. Despite this, adjusted EBITDA rose to $49.0 million, with margin improving to 11.6% from 10.4%, helped by plant rationalizations, lower headcount, and reduced depreciation.

The Power Solutions segment held sales roughly flat year over year while expanding adjusted operating margin, and Mobile Solutions deliberately shrank low-margin auto volumes but significantly improved adjusted operating income. For 2026, the company guides net sales to $445–$465 million, adjusted EBITDA to $50–$60 million, and targets $70–$80 million of new business wins, reflecting expectations for a return to organic growth as record volumes of new programs launch in higher-growth markets like electrical grid, data centers, defense, and medical.

NN, Inc. entered into Amendment No. 1 to its Term Loan Credit Agreement on January 29, 2026. The original facility included a $118.0 million term loan funded in April 2025 and $10.0 million of delayed draw term loan commitments.

The amendment removes the requirement for a DDTL Equity Raise as a condition to accessing the delayed draw term loans. At the same time, NN, Inc. borrowed the full $10.0 million of delayed draw term loans, increasing its term loan borrowings under this credit agreement.

NN, Inc. entered into a cooperation agreement with Legion Partners Asset Management and its affiliates and, as part of that agreement, expanded its board of directors from seven to eight members and appointed Raymond T. White to the newly created seat. Mr. White will also serve on the Board’s Strategic Committee and is expected to stand for election at the 2026 annual meeting, with the Board committing to recommend him and to nominate him at each annual meeting held before the cooperation agreement’s standstill period expires.

The Legion parties agreed to customary standstill, voting, and mutual non-disparagement commitments lasting through dates tied to the Company’s 2027 and 2028 annual meeting nomination deadlines. The Board determined that Mr. White is an independent director under Nasdaq and company standards and he will receive the same compensation as other non-management directors. The company also noted there are no family relationships or related-party transactions involving Mr. White and that he will enter into its standard indemnification agreement for directors.

NN, Inc. furnished a press release dated December 12, 2025 as an exhibit to a current report. The company is providing the release under Regulation FD to share information with the market in a broad and non-selective manner.

The press release is furnished under Item 7.01 and is expressly not deemed “filed” for purposes of the Securities Exchange Act, which means it is not subject to certain statutory liabilities and is not automatically incorporated into other SEC filings. The report is signed on behalf of NN, Inc. by Senior Vice President and Chief Financial Officer Christopher H. Bohnert.

NN, Inc. is sharing an updated investor presentation in connection with its appearance at Noble Capital Markets' Twenty First Annual Emerging Growth Equity Conference on December 3, 2025. The presentation, dated December 2025, has been posted on the company’s investor relations website and is also attached as an exhibit to this report. The materials may be used with investors from time to time and are provided as information that is furnished rather than filed under securities laws.

The company highlights that it routinely uses its investor relations website to post presentations and other important information, including potentially material updates, and encourages investors to review information made available there.

NN, Inc. (NNBR) furnished a Regulation FD update noting its presentation at the 49th Annual Automotive Symposium presented by Gabelli Funds on November 3, 2025. The company posted an investor presentation on its Investor Relations website, which is also included as Exhibit 99.1.

The information provided under Item 7.01, including Exhibit 99.1, is furnished and not filed under the Exchange Act and is not incorporated by reference into other filings. NN, Inc. routinely shares presentations and other important information on its Investor Relations site.

NN, Inc. (NNBR) furnished earnings materials for the quarter ended September 30, 2025. The company announced that a press release detailing results was furnished as Exhibit 99.1 under Item 2.02; this information is treated as furnished and not filed under the Exchange Act.

The company also posted a supplemental investor presentation as Exhibit 99.2, to be used during its quarterly investor conference call on October 30, 2025, at 9:00 a.m. ET.

NN, Inc. furnished an investor presentation it plans to use in meetings with investors as part of a current report on Form 8-K. The presentation, dated September 2025, is attached as Exhibit 99.1 and is also available on the company’s investor relations website. The information in this report, including the exhibit, is provided under a disclosure item where it is considered furnished rather than filed, which limits how it is treated under securities laws. NN, Inc. notes that it routinely posts presentations and other potentially important information on its investor relations website and encourages interested parties to review materials made available there.