NN redeems remaining preferred shares for $30.7 million

• NN redeemed all 18,400 outstanding shares of its Series D Perpetual Preferred Stock for approximately $30.7 million.
• Redemption funded with proceeds from a $53.1 million PIPE private placement completed on Oct. 5, 2026.
• Transaction captured a $5 million incentive, redeeming a $35.7 million security for $30.7 million.
• No Series D Perpetual Preferred Stock remains outstanding; all associated holder rights were eliminated.

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: 202610080806PRIMZONEFULLFEED9842159) on October 08, 2026, and is solely responsible for the information contained therein.