Corre Partners Management Reduces Stake in NN, Inc. (NNBR) to 9.99%

2026-04-27SEC Filing SCHEDULE 13D/A (0000919574-26-002419)

This Schedule 13D/A filing, dated April 27, 2026, details a decrease in the ownership of NN, Inc. (NNBR) by Corre Partners Management, LLC and its affiliates, including Corre Opportunities Qualified Master Fund, LP and John Barrett. As of the event date of April 23, 2026, the reporting persons collectively hold 5,063,413 shares, representing a 9.99% ownership stake, down from a previous 11.0%. The reduction was driven by a series of open-market sales between April 20 and April 27, 2026, at weighted average prices ranging from approximately $2.21 to $2.69 per share. The reporting persons also hold common stock purchase warrants, which are subject to a 9.99% beneficial ownership blocker. While the shares were originally acquired for investment purposes, the filers maintain they may engage in further transactions or discussions with management regarding strategic alternatives, board composition, or potential corporate transactions depending on market conditions and the issuer's performance. All transactions were funded via working capital.