Acuren Announces Expiration Of 60-Day "Go-Shop" Period In Connection With Agreement And Plan Of Merger With NV5 Global

Benzinga·07/15/2025 11:04:10

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Acuren Corporation (NYSE:TIC) ("Acuren") today announced the expiration of the 60-day "go-shop" period ("Go-Shop Period") in connection with the previously announced Agreement and Plan of Merger with NV5 Global, Inc. (("NV5", NASDAQ:NVEE), dated as of May 14, 2025 (the "Merger Agreement").

During the Go-Shop Period, NV5 was permitted to solicit and enter into negotiations with third parties that made a proposal or offer to acquire NV5. The Go-Shop Period expired at 11:59 p.m. ET on July 14, 2025. NV5 did not receive an NV5 Superior Proposal (as such term is defined in the Merger Agreement) during the Go-Shop Period.

The transactions contemplated by the Merger Agreement (the "Transactions") are expected to close in August of 2025, subject to customary closing conditions, including approval of each of Acuren and NV5's stockholders and receipt of regulatory approvals.

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