{"schema_version":"secwatch.filing_event.v1","accession":"0000918541-26-000105","form_type":"8-K","ticker":"NNBR","cik":"0000918541","company_name":"NN INC","filed_at":"2026-10-05T20:32:36+00:00","discovered_at":"2026-10-05T20:34:00.300607+00:00","generated_at":"2026-10-12T14:57:27.097295+00:00","sec_items":["1.01","3.02","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"NN raises $50M PIPE at $3.30/share to eliminate Series D preferred stock; Q3 sales highest in 8 years","bullets":["NN sold 11,275,605 shares at $3.30 plus pre-funded warrants for 4,824,395 shares at $3.29 in a PIPE with 10 investors; ~$50M net proceeds; closed Oct. 5, 2026.","Majority of net proceeds fund final redemption and full elimination of remaining Series D Preferred Stock held by Morgan Stanley Tactical Value funds; remainder funds capex and working capital.","Q3 2026 sales were the highest in 8 years; NN secured ~$130M of annual new business over the last 12 months and won over 200 programs this year.","Post-issuance shares outstanding were 93,744,210; Lake Street Capital Markets was sole placement agent for a 6.0% fee; resale registration due within 45 days.","CEO Harold Bevis said the next step is refinancing the high-cost Term Loan, targeting a multi-million dollar cash interest reduction."],"urls":{"canonical":"https://secwatch.observer/filing/0000918541-26-000105","json":"https://secwatch.observer/filing/0000918541-26-000105.json","markdown":"https://secwatch.observer/filing/0000918541-26-000105.md","text":"https://secwatch.observer/filing/0000918541-26-000105.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/918541/000091854126000105/0000918541-26-000105-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/918541/000091854126000105/nnbr-20261001.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T14:57:27.097295+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}