Corre group reports 9.99% NN Inc (NASDAQ: NNBR) beneficial stake

Rhea-AI Filing Summary

Corre Opportunities Qualified Master Fund and affiliated entities filed Amendment No. 7 to their Schedule 13D on NN, Inc., disclosing significant holdings of the company’s common stock. The fund reports beneficial ownership of 4,690,669 shares, or 9.3% of NN’s outstanding common stock.

The general partner, investment adviser and John Barrett each report beneficial ownership of 5,063,413 shares, representing 9.99% of the common stock, based on 50,684,822 shares outstanding as of February 13, 2026, adjusted to include warrants they hold. The shares were acquired using working capital of the fund and related vehicles, without dedicated borrowing.

The group states it acquired the position for investment purposes and may continue to buy or sell NN securities or derivatives, engage in hedging, and hold discussions with NN’s management, board, other shareholders, or third parties regarding potential strategic, financial, governance, and transactional alternatives.

Key Figures

Fund beneficial ownership: 4,690,669 shares (9.3%) Affiliates’ beneficial ownership: 5,063,413 shares (9.99%) Shares outstanding: 50,684,822 shares +4 more

7 metrics

Fund beneficial ownership 4,690,669 shares (9.3%) Corre Opportunities Qualified Master Fund stake in NN common stock

Affiliates’ beneficial ownership 5,063,413 shares (9.99%) Reported by Corre Partners Advisors, Corre Partners Management, and John Barrett

Shares outstanding 50,684,822 shares NN common shares outstanding as of February 13, 2026

Warrant exercise price $11.03 per share Exercise price of NN common stock purchase warrants held by Corre holders

Beneficial ownership cap 9.99% Maximum beneficial ownership allowed after warrant exercise under warrant terms

Fund percentage ownership 9.3% Fund’s beneficial ownership of NN common stock including warrant adjustment

Amendment number 7 Amendment No. 7 to Schedule 13D on NN Inc

Key Terms

Schedule 13D, beneficial owner, common stock purchase warrants, anti-dilution adjustments, +2 more

6 terms

Schedule 13D regulatory

"This amendment relates to the Issuer's common stock and is filed on Schedule 13D."

A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.

beneficial owner financial

"the Fund may be deemed to be the beneficial owner of 4,690,669 Shares"

A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.

common stock purchase warrants financial

"hold common stock purchase warrants of the Issuer (the "Warrants")"

Common stock purchase warrants are tradable instruments that give the holder the right to buy a company’s common shares at a set price before a specified date, like a coupon that lets you purchase stock later at a fixed rate. They matter to investors because they offer a way to gain future upside if the stock rises, but when exercised they increase the number of shares outstanding and can reduce existing shareholders’ ownership and earnings per share.

anti-dilution adjustments financial

"subject to customary anti-dilution adjustments in the event of future below market issuances"

Anti-dilution adjustments are changes made to the ownership stakes or value of an investment to protect investors from having their shares become less valuable if the company issues new shares at a lower price. Imagine buying a piece of a pie, and then the pie is cut into more slices without increasing in size—these adjustments help ensure your slice still retains its worth. They matter to investors because they help preserve the value of their investment when the company’s share price drops.

Registration Rights Agreement regulatory

"the Issuer entered into a registration rights agreement with the purchasers"

A registration rights agreement is a contract that gives investors the option to have their ownership stakes officially registered with the government, making it easier to sell their shares later. This agreement matters because it provides investors with a clearer path to cash out their investments if they choose, offering more liquidity and confidence in their ability to sell their holdings when desired.

beneficial ownership limitation regulatory

"would beneficially own Shares in excess of 9.99% of the number of Shares outstanding"

A beneficial ownership limitation is a rule that caps the percentage of a company’s shares an investor can be treated as owning or controlling for voting, regulatory or tax purposes. It matters to investors because it can restrict how many shares a person or group can buy or vote, affect takeover chances, and influence share liquidity and value — like a speed limit that prevents any single driver from taking over the whole road.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 7)

NN INC

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

629337106

(CUSIP Number)

John Barrett
Corre Partners Management, LLC, 12 East 49th Street, 40th Floor,
New York, NY, 10017
646-863-7152

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

04/23/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): 629337106

1

Name of reporting person

Corre Opportunities Qualified Master Fund, LP

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

CAYMAN ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 4,690,669.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 4,690,669.00

11

Aggregate amount beneficially owned by each reporting person

4,690,669.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

9.3 %

14

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13D

CUSIP Number(s): 629337106

1

Name of reporting person

Corre Partners Advisors LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

AF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 5,063,413.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 5,063,413.00

11

Aggregate amount beneficially owned by each reporting person

5,063,413.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

9.99 %

14

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13D

CUSIP Number(s): 629337106

1

Name of reporting person

Corre Partners Management, LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

AF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 5,063,413.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 5,063,413.00

11

Aggregate amount beneficially owned by each reporting person

5,063,413.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

9.99 %

14

Type of Reporting Person (See Instructions)

IA, OO

SCHEDULE 13D

CUSIP Number(s): 629337106

1

Name of reporting person

John Barrett

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

SC, AF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 5,063,413.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 5,063,413.00

11

Aggregate amount beneficially owned by each reporting person

5,063,413.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

9.99 %

14

Type of Reporting Person (See Instructions)

IN, HC

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Common Stock, par value $0.01 per share
(b)	Name of Issuer: NN INC
(c)	Address of Issuer's Principal Executive Offices: 6210 Ardrey Kell Road, Suite 120, Charlotte, NORTH CAROLINA , 28277.
Item 1 Comment: The name of the issuer is NN, Inc., a Delaware corporation (the "Issuer"). The address of the Issuer's principal executive offices is 6210 Ardrey Kell Road, Suite 120, Charlotte, North Carolina 28277. This Schedule 13D amendment relates to the Issuer's common stock, par value $0.01 per share (the "Shares").
Item 2.	Identity and Background
(a)	This Schedule 13D amendment is being filed jointly by (i) Corre Opportunities Qualified Master Fund, LP, a Cayman Islands exempted limited partnership (the "Fund"); (ii) Corre Partners Advisors, LLC, a Delaware limited liability company (the "General Partner"), which serves as the general partner of the Fund; (iii) Corre Partners Management, LLC, a Delaware limited liability company (the "Investment Adviser"), which has been delegated investment authority over the assets of the Fund by the General Partner; and (iv) Mr. John Barrett, who serves as a managing member of the General Partner and the Investment Adviser; and (each, a "Reporting Person" and collectively, the "Reporting Persons").
(b)	(b), (c) The Fund is principally engaged in the business of investing in securities. The principal business address of the Fund is 12 East 49th Street, 40th Floor, New York, NY 10017. The General Partner is principally engaged in the business of serving as general partner and/or managing member to private investment vehicles, including the Fund. The principal business address of the General Partner is 12 East 49th Street, 40th Floor, New York, NY 10017. The Investment Adviser is an investment adviser registered with the Securities and Exchange Commission (the "SEC") that is principally engaged in the business of providing investment management services to private investment vehicles, including the Fund. The principal business address of the Investment Adviser is 12 East 49th Street, 40th Floor, New York, NY 10017. Mr. Barrett is the owner and managing member of the General Partner and the Investment Adviser. The business address of Mr. Barrett is 12 East 49th Street, 40th Floor, New York, NY 10017.
(d)	None of the Reporting Persons have, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
(e)	None of the Reporting Persons have, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
(f)	Mr. Barrett is a citizen of the United States.
Item 3.	Source and Amount of Funds or Other Consideration
	The funds for the purchase of the 4,690,669 Shares beneficially owned by the Fund came from the working capital of the Fund, which is the direct owner of the Shares. The funds for the purchase of the 5,063,413 Shares beneficially owned by the other Reporting Persons (which include the 4,690,669 Shares directly owned by the Fund) came from the working capital of the Fund and other private investment vehicles managed by the Investment Adviser, which are the direct owners of such Shares. No borrowed funds were used to purchase the Shares, other than any borrowed funds used for working capital purposes (including certain leverage arrangements) in the ordinary course of business.
Item 4.	Purpose of Transaction
	The Reporting Persons originally acquired the Shares for investment purposes. The Reporting Persons have had discussions with certain representatives of the Issuer and management of the Issuer. The Reporting Persons intend to review their investment in the Issuer on a continuing basis. Depending on various factors, including the Issuer's financial position and strategic direction, actions taken by the Board, price levels of the Shares, other investment opportunities available to the Reporting Persons, conditions in the securities market and general economic and industry conditions, the Reporting Persons may take such actions with respect to their investment in the Issuer as they deem appropriate including, without limitation, purchasing additional Shares, other securities or derivative instruments related thereto or selling some or all of their Shares, other securities or derivative instruments, engaging in hedging or similar transactions with respect to the Shares and, alone or with others, may engage in communications with directors and officers of the Issuer, other stockholders of the Issuer or other third parties or may take steps to implement a course of action, including, without limitation, engaging advisors, including legal, financial, regulatory, technical and/or industry advisors, to assist in any review. Such discussions and other actions may relate to various alternative courses of action, including, without limitation, those related to an extraordinary corporate transaction (including, but not limited to a merger, reorganization or liquidation) involving the Issuer or any of its subsidiaries; business combinations involving the Issuer or its subsidiaries, a sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries; material asset purchases; the formation of joint ventures with the Issuer or its subsidiaries or the entry into other material projects; changes in the present business, operations, strategy, future plans or prospects of the Issuer, financial or governance matters; changes to the Board (including Board composition) or management of the Issuer; acting as a participant in debt financings of the Issuer or its subsidiaries; changes to the capitalization, ownership structure, dividend policy, business or corporate structure or governance documents of the Issuer; de-listing or de-registration of the Issuer's securities, or any action similar to those enumerated above.
Item 5.	Interest in Securities of the Issuer
(a)	As of the date hereof (i) the Fund may be deemed to be the beneficial owner of 4,690,669 Shares, constituting 9.3% of the Shares in the aggregate and (ii) each of the General Partner, the Investment Adviser and Mr. Barrett may be deemed to be the beneficial owner of 5,063,413 Shares, constituting 9.99% of the Shares in the aggregate, in each case based upon 50,684,822 Shares outstanding at February 13, 2026, as determined based on reports by the Issuer and as adjusted to include warrants of the Issuer beneficially owned by the Reporting Persons.
(b)	The Fund has the sole power to vote or direct the vote of 0 Shares; has the shared power to vote or direct the vote of 4,690,669 Shares; has the sole power to dispose or direct the disposition of 0 Shares; and has the shared power to dispose or direct the disposition of 4,690,669 Shares. The General Partner has the sole power to vote or direct the vote of 0 Shares; has the shared power to vote or direct the vote of 5,063,413 Shares; has the sole power to dispose or direct the disposition of 0 Shares; and has the shared power to dispose or direct the disposition of 5,063,413 Shares. The Investment Adviser has the sole power to vote or direct the vote of 0 Shares; has the shared power to vote or direct the vote of 5,063,413 Shares; has the sole power to dispose or direct the disposition of 0 Shares; and has the shared power to dispose or direct the disposition of 5,063,413 Shares. Mr. Barrett has the sole power to vote or direct the vote of 0 Shares; has the shared power to vote or direct the vote of 5,063,413 Shares; has the sole power to dispose or direct the disposition of 0 Shares; and has the shared power to dispose or direct the disposition of 5,063,413 Shares.
(c)	The transactions by the Reporting Persons in the securities of the Issuer since the last Schedule 13D amendment filed by the Reporting Persons in respect of the Issuer are set forth on Exhibit B. All such transactions were carried out in open market transactions.
(d)	Except as set forth in this Schedule 13D, no person has the right to receive or the power to direct receipt of dividends from, or the proceeds of sale of, securities covered by Schedule 13D.
(e)	N/A
Item 6.	Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
	The Fund and other private investment vehicles managed by the Investment Adviser (the "Corre Holders") hold common stock purchase warrants of the Issuer (the "Warrants"), pursuant to the terms of that certain Securities Purchase Agreement, dated December 5, 2019 (the "Purchase Agreement"). See Exhibit C for the Purchase Agreement. The Warrants are exercisable, in full or in part, at any time prior to the seventh anniversary of their issuance, at an exercise price of $11.03 per share, subject to customary anti-dilution adjustments in the event of future below market issuances, stock splits, stock dividends, combinations or similar events set forth in the Warrants. The Warrants held by the Reporting Persons are subject to limitations on the right to exercise to the extent that after giving effect to such issuance after exercise, the Reporting Persons (together with the Reporting Persons' affiliates, any other accounts managed by or over which the Investment Adviser or one of its affiliates has discretionary investment authority, or any other person or entity whose beneficial ownership of Shares would be aggregated with such persons' beneficial ownership for purposes of Section 13(d) or Section 16 of the Securities Exchange Act of 1934), would beneficially own Shares in excess of 9.99% of the number of Shares outstanding (measured after giving effect to the issuance of Shares issuable upon exercise of the Warrants). See Exhibit D for the Warrants. In connection with the issuance of certain Series B Convertible Preferred Stock of the Issuer, par value $0.01 per share (the "Preferred Stock"), previously held by the Corre Holders, all of which has been redeemed by the Issuer for cash, the Issuer entered into a registration rights agreement with the purchasers to provide certain customary demand registration rights exercisable beginning on March 31, 2021, with respect to their shares of common stock, including those underlying the Preferred Stock and Warrants, shares of Preferred Stock, and the Warrants. See Exhibit E for the Registration Rights Agreement. The Reporting Persons do not have any contract, arrangement, understanding or relationship with any person with respect to securities of the Issuer that is not described above and/or incorporated herein by reference.
Item 7.	Material to be Filed as Exhibits.
	Exhibit A: Joint Filing Agreement Exhibit B: Schedule of Transactions in Shares Exhibit C: Securities Purchase Agreement (incorporated by reference to Exhibit 10.1 to the Form 8-K filed with the SEC by the Issuer on December 11, 2019) Exhibit D: Common Stock Purchase Warrant (incorporated by reference to Exhibit 4.1 to the Form 8-K filed with the SEC by the Issuer on December 11, 2019) Exhibit E: Registration Rights Agreement (incorporated by reference to Exhibit 10.2 to the Form 8-K filed with the SEC by the Issuer on December 11, 2019)

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Corre Opportunities Qualified Master Fund, LP

Signature:	Corre Opportunities Qualified Master Fund, LP*, By: Corre Partners Advisors, LLC, its general partner, /s/ John Barrett
Name/Title:	John Barrett / Managing Member
Date:	04/27/2026

Corre Partners Advisors LLC

Signature:	Corre Partners Advisors, LLC*, /s/ John Barrett
Name/Title:	John Barrett / Managing Member
Date:	04/27/2026

Corre Partners Management, LLC

Signature:	Corre Partners Management, LLC*, /s/ John Barrett
Name/Title:	John Barrett / Managing Member
Date:	04/27/2026

John Barrett

Signature:	/s/ John Barrett*
Name/Title:	John Barrett
Date:	04/27/2026

Comments accompanying signature:

* The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interests therein, and this report shall not be deemed an admission that such person is the beneficial owner of these securities for purposes of Section 16 of the U.S. Securities Exchange Act of 1934, as amended, or for any other purpose. Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (see 18 U.S.C. 1001).

FAQ

What ownership stake in NNBR does Corre report in this Schedule 13D/A?

Corre reports a substantial stake in NN Inc. The fund itself beneficially owns 4,690,669 shares, or 9.3% of the common stock. Affiliated entities and John Barrett each report beneficial ownership of 5,063,413 shares, representing 9.99% of NN’s outstanding common stock.

Who are the reporting persons in the NNBR Schedule 13D/A Amendment No. 7?

The reporting persons are Corre Opportunities Qualified Master Fund, LP, Corre Partners Advisors, LLC, Corre Partners Management, LLC, and John Barrett. The fund is the direct owner of many shares, while the adviser and general partner manage private investment vehicles holding NN common stock and warrants.

How many NN Inc. shares outstanding are referenced in this filing?

The filing bases ownership percentages on 50,684,822 NN common shares outstanding as of February 13, 2026. This figure is determined from NN’s reports and adjusted to include shares issuable from warrants beneficially owned by the reporting persons when calculating their percentage ownership.

What warrants on NNBR stock do the Corre holders own and at what exercise price?

Corre-managed vehicles hold common stock purchase warrants of NN Inc. The warrants are exercisable in full or in part until seven years after issuance, at an exercise price of $11.03 per share, with customary anti-dilution adjustments for certain future equity transactions and corporate actions.

Is there an ownership cap affecting Corre’s exercise of NN Inc. warrants?

Yes. The warrants include a 9.99% beneficial ownership limitation. After any exercise, the reporting persons and specified related accounts cannot beneficially own more than 9.99% of NN’s outstanding common stock, as measured after giving effect to the shares issued upon that warrant exercise.

How did Corre fund its NNBR share purchases according to the filing?

The filing states that purchases of the 4,690,669 shares owned by the fund, and the 5,063,413 shares owned by other reporting persons, were financed from the fund’s and related vehicles’ working capital. No specific borrowing was undertaken beyond ordinary-course working capital and leverage arrangements.

What actions might the reporting persons take regarding their NN Inc. investment?

The reporting persons may buy or sell NN shares, related securities, or derivatives, engage in hedging, and continue discussions with NN’s management, board, shareholders, or third parties. Potential topics include strategic transactions, asset sales, financings, governance, board composition, business strategy, and other corporate actions described in the filing.