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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) August 6, 2002
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NN, INC.
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(Exact name of registrant as specified in its charter)
DELAWARE 0-23486 62-1096725
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
2000 Waters Edge Drive, Johnson City, Tennessee 37604
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (423) 743-9151
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Not applicable
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(Former name or former address, if changed since last report)
Item 7. Financial Statements and Exhibits.
(c) EXHIBITS. The following exhibits are filed herewith:
99.1 Press Release dated August 6, 2002.
Item 9. Regulation FD Disclosure.
On August 6, 2002, the Company issued a press release announcing that due to
unfavorable market conditions, it has postponed the proposed follow-on public
offering of its common stock. A copy of the press release is attached as Exhibit
99.1 hereto and incorporated herein by reference.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: August 6, 2002
NN, INC.
By: /s/ William C. Kelly, Jr.
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William C. Kelly, Jr.,
Treasurer, Secretary and Chief
Accounting Officer
RE: NN Inc.
2000 Waters Edge Drive
Johnson City, TN 37604
FOR FURTHER INFORMATION:
AT THE COMPANY: AT FRB|WEBER SHANDWICK
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Will Kelly Kerry Thalheim July Tu
Treasurer & Manager of Investor Relations (General info) (Analyst info)
(423) 743-9151 212-445-8437 212-445-8456
FOR IMMEDIATE RELEASE
August 6, 2002
NN, INC. POSTPONES OFFERING
Johnson City, Tenn., August 6, 2002 - NN, Inc. (Nasdaq: NNBR) announced today
that due to unfavorable market conditions, it is postponing the proposed
follow-on public offering of its common stock. The proposed offering of
6,500,000 shares of its common stock included 2,600,000 shares to be offered by
the Company and 3,900,000 shares to be offered by several selling stockholders.
The Securities and Exchange Commission declared the Company's registration
statement effective on August 1, 2002.
NN, Inc. manufacturers and supplies high precision bearing components,
consisting of balls, rollers, seals and retainers, for leading bearing
manufacturers on a global basis and had sales of US $180 million in 2001.