Everspin Technologies, Inc. today announced the closing of its initial public offering of 5,000,000 shares of its common stock at a public offering price of $8.
Ceiling tile is sold in many different materials, sizes and thicknesses and made to fasten directly to ceilings or fit into a grid system called a suspended or drop ceiling. Popular types include cork, tin, plastic and acoustical. Acoustical ceiling tile reduces noise, as it has sound absorbent properties.
Tile adhesive is the substance used to hold the tiles to the setting bed. Typically there are two major types: organic mastic and thinset adhesive. Organic mastics are made with either latex or petroleum and are ready-to-use. Thinset adhesives are powdered and need to be mixed with liquid before they can be used.