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.
1 Drop ceiling panels are typically available in 2 -by-2-foot or 2-by-4-foot sizes, in several different textures and styles. 2  Some have a square pattern to make the suspension grid look less obvious.