AIGH group (NNBR) discloses 7.53M-share, 9.7% ownership in NN, Inc.
Rhea-AI Filing Summary
NN, Inc. is reported to have a significant shareholder group led by AIGH Capital Management LLC and its affiliates. The reporting persons collectively report beneficial ownership of 7,531,532 shares of NN, Inc. common stock, representing 9.7% of the outstanding class as of the filing.
AIGH Capital Management LLC, AIGH Investment Partners LLC, and Orin Hirschman, as Managing Member and related individual holder, report sole voting and sole dispositive power over 7,531,532 shares and no shared voting or dispositive power. The filing is made jointly under Rule 13d-1, reflecting coordinated reporting of this ownership position.
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Key Figures
Beneficial ownership: 7,531,532 shares
Ownership percentage: 9.7%
Sole voting power: 7,531,532 shares
+1 more
4 metrics
Beneficial ownership
7,531,532 shares
Shares of NN, Inc. common stock beneficially owned by the reporting persons
Ownership percentage
9.7%
Percent of NN, Inc. common stock class reported as beneficially owned
Sole voting power
7,531,532 shares
Shares over which the reporting persons have sole power to vote
Sole dispositive power
7,531,532 shares
Shares over which the reporting persons have sole power to dispose
Key Terms
beneficial ownership, Sole dispositive power, Sole voting power, Schedule 13G, +1 more
5 terms
beneficial ownership financial
"Item 4. | Ownership (a) | Amount beneficially owned: 7,531,532"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Sole dispositive power financial
"Sole Dispositive Power 7,531,532.00 8 | Shared Dispositive Power 0.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Sole voting power financial
"Sole Voting Power 7,531,532.00 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Schedule 13G regulatory
""form_type": "SCHEDULE 13G""
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Rule 13d-1 regulatory
"jointly filed by each of the following persons pursuant to Rule 13d-1"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of NNBR common stock is owned by the AIGH reporting group?
The AIGH reporting group reports beneficial ownership of 9.7% of NN, Inc. (NNBR) common stock, representing 7,531,532 shares with sole voting and dispositive power and no shared authority.
Who are the reporting persons in the NNBR Schedule 13G filing?
The reporting persons are AIGH Capital Management LLC, AIGH Investment Partners LLC, and Orin Hirschman, who is Managing Member of AIGH Capital Management LLC and president of AIGH Investment Partners LLC, jointly reporting their NNBR holdings.
Under which rule is the NNBR Schedule 13G by AIGH filed?
The joint Schedule 13G for NN, Inc. (NNBR) is filed pursuant to Rule 13d-1, which governs beneficial ownership reporting for certain investors holding more than 5% of a registered class of equity securities.
What class of NNBR securities is covered by this Schedule 13G?
The filing covers common stock, par value $0.01, of NN, Inc., identified by CUSIP 629337106, with 7,531,532 shares reported as beneficially owned by the AIGH reporting group.