NN, Inc: final redemption of Series D preferred stock for $30,700,000

What happened

• The filing says NN, Inc announced the final redemption of its Series D perpetual preferred stock at .01 per share, for an aggregate cash redemption price of approximately $30,700,000, completed on Oct 8, 2026.
• The filing says that amount reflects a $5,000,000 reduction provided under an Exchange Agreement between NN, Inc and NHTV Nevada Holdings LP, dated Aug 5, 2026.
• The filing says that immediately after the final redemption was completed, all of the holder’s rights with respect to the Series D preferred stock ended, including the holder’s rights under the board observer agreement dated Mar 22, 2021, and that no shares of Series D preferred stock remain outstanding.

Key details

• Aggregate cash redemption price: $30,700,000.
• Reduction under Exchange Agreement: $5,000,000 (Exchange Agreement dated Aug 5, 2026).
• Holder: NHTV Nevada Holdings LP.
• Board Observer Agreement date: Mar 22, 2021. No Series D shares remain outstanding after the redemption.

Why it may matter

• The filing reports Item 7.01 (Regulation FD disclosure) and Item 8.01 (Other events). Item 7.01 furnishes a press release, and Item 8.01 discloses the completed final redemption of the Series D perpetual preferred stock and the ending of the holder’s related rights.
• This filing does not show why the insider traded or why the company acted.