---
schema_version: "secwatch.filing_event.v1"
accession: "0000918541-26-000107"
form_type: "8-K"
ticker: "NNBR"
cik: "0000918541"
company_name: "NN INC"
filed_at: "2026-10-08T12:29:45+00:00"
generated_at: "2026-10-12T15:37:12.627550+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# NN redeems remaining Series D preferred for $30.7M, eliminating preferred stock from balance sheet

## Summary
- Redeemed all 18,400 remaining Series D Perpetual Preferred shares on Oct 7, 2026 for ~$30.7M cash, paying off a $35.7M security value with a $5.0M holder incentive.
- Redemption was funded with proceeds from a $53.1M PIPE private placement completed October 5, 2026.
- Holder NHTV Nevada Holdings LP lost all rights tied to the preferred, including Board Observer Agreement rights dated March 22, 2021; no Series D shares remain outstanding.
- CEO Harold Bevis said NN 'has significantly deleveraged during 2026,' intends to refinance its Term Loan, and will give updated guidance on the October 29, 2026 earnings call.

## SEC filing metadata
- accession: 0000918541-26-000107
- form_type: 8-K
- ticker: NNBR
- cik: 0000918541
- company_name: NN INC
- filed_at: 2026-10-08T12:29:45+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/918541/000091854126000107/0000918541-26-000107-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/918541/000091854126000107/nnbr-20261007.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000918541-26-000107
- JSON: https://secwatch.observer/filing/0000918541-26-000107.json
- Plain text: https://secwatch.observer/filing/0000918541-26-000107.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.