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.
Ceiling Tiles and Medallions. Ceiling tiles are another way to enhance a recessed ceiling. Ceiling tiles come in a variety of materials such as tin, Styrofoam, slate, copper, steel, aluminum and plastic. Styrofoam and plastic ceiling tiles are lightweight and can be made to resemble intricate carved plaster.