UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
DC 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): MARCH 17, 2009
NN,
INC.
(Exact name of registrant as specified in its
charter)
| Delaware | 0-23486 | 62-1096725 |
|
(State
or other jurisdiction of incorporation)
|
(Commission
File Number)
|
(IRS Employer
Identification No.)
|
|
2000 Waters Edge Drive
Johnson City, Tennessee
|
37604 | |
|
(Address of
principal executive offices)
|
(Zip
Code)
|
Registrant's telephone number, including area
code: (423)743-9151
Check the appropriate box below if
the Form 8-K filing is intended to simultaneously satisfy the obligation of the
registrant under any of the following provisions:
o Written
communications pursuant to Rule 425 under the Securities Act (17CFT
230.425)
o Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17CFT 240.14a-12)
o Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17CFT
240.14d-2(b))
o Pre-commencement
communications pursuant to Rule 13c-4(c) under the Exchange Act (17CFT
240.13c-4(c))
ITEM 8.01 OTHER
EVENTS
NN,
Inc. reports filing of Form 12b-25. NN has announced that it requires
additional time to finalize its fourth quarter statements and Annual Report on
Form 10-K for the year ended December 31, 2008 and has filed with the Securities
and Exchange Commission on Form 12b-25, Notification of Late
Filing. The Company will delay its filing in order to more
thoroughly complete a review and analysis of the valuations of its
recorded goodwill and other intangible assets. NN expects to file its
Form 10K on or before March 31, 2009, the fifteenth calendar day following the
prescribed due date.
In
preparing its financial statements, the Company has determined that additional
time is required to complete its analysis due to the complexity of the
calculations in relation to the unprecedented global economic conditions and the
continued deterioration of its end markets. The Company
currently expects its analysis will result in the recording of total goodwill
impairment charges in the range of $38.4 million pre-tax ($24.4 million
after-tax) to $47.3 million pretax ($33.3 million after-tax) in the fourth
quarter of 2008.
Exhibit:
Exhibit
Number Description of Exhibit
99.1 Press
Release of NN, Inc. dated March 17, 2009.
SIGNATURES
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.
| NN, INC. | |||
|
Date: March
17, 2009
|
By:
|
/s/ William C. Kelly, Jr. | |
| Name : William C. Kelly, Jr. | |||
| Title : Vice President and Chief Administrative Officer | |||