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.
Tegular: A functional edge detail. Tegular suspended ceiling panels have a rabbeted/reveal edge design that allows them to extend below the supporting grid, making the grid less conspicuous. Tile: Acoustical ceiling board, usually 12 x 12, which is stapled, cemented, or suspended by a concealed grid system. Edges are often kerfed and cut back.