SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EQUITY FLASH L impact

NN, Inc. redeems all Series D preferred for about $30.7M

NN, Inc. says it redeemed all 18,400 Series D preferred shares for approximately $30.7M, funded by a $53.1M PIPE; a $5.0M incentive reduced the $35.7M value to $30.7M. No preferred shares remain outstanding.

NNBR