Market News / Story
NN, Inc. Eliminates all of its Preferred Stock
GlobeNewswire ·
GlobeNewswire reports: CHARLOTTE, N.C., Oct. 08, 2026 (GLOBE NEWSWIRE) -- NN, Inc. (“NN” or the “Company”) , a global leader in precision manufacturing, today announced that it had completed an important balance sheet transaction. The Company has redeemed, paid off and eliminated all of its remaining 18,400 outstanding shares of its Series D Perpetual Preferred Stock, par value $0.01 per share (the “Preferred Stock") for approximately $30.7 million. The redemption was funded with proceeds…