NVEE — Potential Extended Closing Date for NV5 Global, Inc. and Acuren Corporation Merger
Nov 4, 2025, 4:59:00 AM UTC
Summary
NV5 Global, Inc. is potentially extending the closing date for its merger with Acuren Corporation to November 3, 2025, from an initial deadline of October 3, 2025. The merger, aimed at creating a larger and more competitive engineering services firm, involves an agreement where existing NV5 shareholders will receive cash and Acuren common stock as part of the deal. The extended deadline allows for the fulfillment of regulatory approvals and other closing conditions essential for the merger's completion.
Company
NV5 GLOBAL INC (NVEE)NASDAQ — Industrials: Services, Engineering & Construction: Services-Miscellaneous Business Services
www.nv5.comSimilar Events
Expected Closing Date for the Merger Agreement between NV5 Global, Inc. and Acuren Corporation
NV5 Global, Inc. and Acuren Corporation have set the expected closing date for their merger at October 3, 2025. Under the merger agreement, NV5 shareholders will receive $10.00 in cash and shares of Acuren common stock based on an exchange ratio determined by Acuren's 10-day volume-weighted average price. The agreement is part of a strategic move that aims to enhance operational synergies and expand market presence. The merger is subject to customary conditions, including shareholder approval. A termination fee of approximately $48.6 million applies under certain conditions, indicative of the interests involved in finalizing this deal.
DeadlinePotential Extended Merger Consummation Deadline
Acuren Corporation and NV5 Global, Inc. have set a potential merger consummation deadline of November 3, 2025, contingent upon obtaining regulatory clearance. The merger involves Acuren acquiring NV5 through a two-step process: the merger of a subsidiary into NV5, making it a wholly owned subsidiary of Acuren, followed by further arrangements. The transactions are subject to customary conditions, including shareholder approval and antitrust regulations. The merger aims to foster growth and operational synergy between the two companies. Notably, if all conditions except regulatory clearance are satisfied, the deadline will automatically extend.
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Merger Agreement Extension Deadline