The shelf is now effective, so institutional holders can begin selling the registered shares at any time. Monitor for any Form 144 filings or volume spikes that would indicate the resale has commenced.
Price Chart
Executive Summary
The SEC declared effective NN Inc.'s S-3 shelf registration (File No. 333-299433) on October 23, 2026, enabling the resale of 16,100,000 shares by institutional investors from a ~$53M private placement that closed on October 5. The company will not receive any proceeds from the resale. This effectiveness removes the uncertainty around the shelf's availability, but the potential overhang from the registered shares remains.
Key Facts
- Effectiveness date: October 23, 2026
- S-3 shelf registration (File No. 333-299433) declared effective
- Registration covers 16,100,000 shares for resale by institutional investors
- Shares stem from a ~$53M private placement that closed October 5, 2026
- Company received ~$50M in net proceeds from the placement but will not receive any proceeds from the resale
- Filing comes 60 days after activist Legion Partners disclosed selling a significant portion of its stake
Financial Impact
16,100,000 shares registered for resale; company received ~$50M net proceeds from the private placement but no proceeds from the resale
Risk Factors
- Potential overhang from 16.1M shares available for resale could pressure the stock
- Activist Legion Partners recently reduced its stake, suggesting possible further selling by institutional holders
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| EFFECT Filing (Primary) | 9999999995-26-003338 |
| Document: 9999999995-26-003338-index.html | 9999999995-26-003338 |
| Document: 9999999995-26-003338.txt | 9999999995-26-003338 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 1d ago | EFFECT | $3.36 | awaiting T+60 | — | $3.51 (+4.46%) |
Oct 15, 2026 12d ago | Press Release | $3.41 | awaiting T+60 | — | $3.51 (+2.93%) |
Oct 13, 2026 14d ago | S-3 | $3.46 | awaiting T+60 | — | $3.51 (−1.59%) |
Oct 8, 2026 19d ago | 8-K | $4.01 | awaiting T+60 | — | $3.51 (−12.47%) |
Oct 5, 2026 22d ago | 8-K | $4.04 | awaiting T+60 | — | $3.51 (+13.12%) |
Sep 22, 2026 5w ago | Press Release | $3.86 | awaiting T+60 | — | $3.51 (−9.07%) |
Sep 22, 2026 5w ago | 8-K | $3.86 | awaiting T+60 | — | $3.51 (−9.07%) |
Aug 20, 2026 9w ago | 8-K | $3.81 | awaiting T+60 | — | $3.51 (−7.87%) |
Jul 31, 2026 12w ago | 8-K | $3.31 $3.36 | ▲ +1.51% | ▼ −0.94% | $3.51 (+6.04%) |
Jul 22, 2026 13w ago | EFFECT | $3.45 $3.49 | ▼ −1.16% | ▲ +2.10% | $3.51 (−1.74%) |
US Market Status
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