NASDAQ — Industrials: Services, Engineering & Construction: Services-Miscellaneous Business Services
www.nv5.comNV5 Global, Inc. and Acuren Corporation have set a merger consummation deadline of October 3, 2025. If the merger is not completed by then, conditions may allow for an automatic extension of the deadline. The merger stipulates that shareholders will receive $10.00 in cash per share and a number of shares of Acuren's common stock based on a defined exchange ratio. The transaction requires approval from both companies' shareholders and is conditioned upon the fulfillment of various regulatory and legal prerequisites. A termination fee of approximately $48.6 million is in place should the merger agreement be terminated under certain circumstances.
DeadlineNV5 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.
DeadlineNV5 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.
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