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.
Rebated / Tegular / Microlook Edge Ceiling Tiles. Rebated ceiling tiles are ceiling tiles with either a Tegular or Microlook edge detail. The Tegular and Microlook edge details, are essentially a rebated edge along each of the four sides of the tile, which result in a tile that sit below the grid. Tegular ceiling tiles are used in conjunction with a 24mm grid.