S&P Dow Jones Indices announced on August 1, 2025, that Kodiak Gas Services Inc. will replace NV5 Global Inc. in the S&P SmallCap 600 index. This change will be effective prior to the opening of trading on Wednesday, August 6, 2025.
NV5 Global is being removed from the S&P SmallCap 600 because Acuren Corp. is acquiring the company in a deal expected to be completed soon, pending final conditions. Index changes like this often lead to adjustments in portfolios of funds that track the S&P SmallCap 600.
The deletion from the index is a direct consequence of the impending merger, as NV5 Global will no longer be a standalone publicly traded entity. This event signals the final stages of the acquisition process.
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