NN Inc. raises $50M net in private placement at $3.30/share

NN Inc. completed a private placement on October 5, 2026, issuing 11.3 million shares at $3.30 each plus pre-funded warrants exercisable at $0.01, raising approximately $50 million net after fees. The significant dilution—roughly 12% of pre-offering shares outstanding—and the below-market warrant structure typically pressures share price near-term as new shares enter the float.

A company sold new shares to investors at $3.30 each, raising $50 million but diluting existing shareholders by about 12%. The warrants are almost free to exercise, which adds further selling pressure.