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.
Quickly inspect the condition of the drop ceiling and the ceiling above it. Older drop ceilings may be coated with dust, rodent droppings or nests, or old electrical wiring, so be careful when removing dirty tiles. At this time you must determine if you can repair the original ceiling or need to install new drywall.