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.
Generally speaking, the 600 x 600mm size ceiling tile is available in the full complement of edge detail - Square, Tegular (24mm grid) and Microlook (15mm grid). The 1200 x 600mm tiles which are usually used for larger areas (i.e. supermarkets) tends to only be available in the square edge version to make it economical.