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.
Typical costs: 1  A do-it-yourself drop ceiling in an average room requires about $300-$400 in materials (depending on the ceiling tiles chosen) and around two days of work, according to AlsNetBiz.com .