NN, Inc. Board forms Strategic Committee to explore strategic alternatives

NN INC

Strategic Committee comprises three independent directors: Raynard Benvenuti, Jeri Harman, Thomas Wilson.
Houlihan Lokey engaged as financial advisor to evaluate a broad range of strategic and financing options.
Company cites $800M sales pipeline and $200M in new business as foundation for value-unlock review.
No timetable set for completion; no assurance of any particular outcome.

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