NN, Inc. raises $75M via private placement of 24.5M shares at $3.06/share

NN INC

Sold 24,509,804 shares at $3.06 per share for gross proceeds of $75M to institutional investors.
Closing expected July 2, 2026; Craig-Hallum Capital Group acted as placement agent with 6% fee.
Registration rights agreement requires filing resale registration statement within 45 days.
Shares issued under Section 4(a)(2) and Regulation D, not registered under Securities Act.

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