---
title: "NN Inc announces USD 75 million PIPE, prices 24,509,804 shares at USD 3.06 each"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291404103.md"
description: "NN Inc. announced a $75 million Private Investment in Public Equity (PIPE) transaction, pricing 24,509,804 common shares at $3.06 each. The closing is expected around July 2. Net proceeds will be used for working capital, general corporate purposes, and balance sheet optimization. The shares were sold in an unregistered offering, with a registration statement planned to cover resale under a registration rights agreement."
datetime: "2026-07-01T11:01:54.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291404103.md)
  - [en](https://longbridge.com/en/news/291404103.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291404103.md)
generator: "portal-rs"
---

# NN Inc announces USD 75 million PIPE, prices 24,509,804 shares at USD 3.06 each

-   NN priced a $75 million PIPE, issuing 24,509,804 common shares at USD 3.06 each; closing expected around July 2. \* Net proceeds earmarked for working capital, general corporate purposes, balance sheet optimization. \* Shares sold in an unregistered offering; registration statement planned to cover resale under a registration rights agreement. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NN Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607010700PRIMZONEFULLFEED9755441) on July 01, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**