NV5 Global, Inc. announced on July 31, 2025, that its stockholders approved the proposed merger with Acuren Corporation at a Special Meeting of Stockholders. Concurrently, Acuren Corporation announced that its stockholders also voted to approve the issuance of shares of Acuren common stock to NV5 stockholders in connection with the merger.
Under the terms of the Agreement and Plan of Merger dated May 14, 2025, NV5 stockholders will receive approximately $23.00 per share, consisting of $10.00 in cash and $13.00 in shares of Acuren common stock at closing, subject to a 10% collar feature. Pre-Merger NV5 stockholders are expected to collectively own up to approximately 40% of the common stock of the combined company.
The transaction is subject to customary closing conditions and is expected to close promptly in August 2025. These approvals from both companies' stockholders represent a critical step towards the consummation of the merger, indicating strong support for the combination.
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