Gates Capital discloses 8.24M Acuren shares, 4.1% ownership
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
Acuren Corporation received an amended Schedule 13G filing from Gates Capital entities, reporting beneficial ownership of 8,242,035 shares of Common Stock, equal to 4.1% of the class. The reporting persons are Gates Capital Management, L.P., Gates Capital Management GP, LLC, Gates Capital Management, Inc., and Jeffrey L. Gates.
The group reports shared voting and dispositive power over 8,242,035 shares and no sole voting or dispositive power. The filing states the securities were acquired and are held in the ordinary course and not for the purpose of changing or influencing control. The percentage is calculated based on 200,589,758 shares outstanding as of August 12, 2025, as referenced from the company’s Form 10‑Q.
Positive
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Negative
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FAQ
What stake in Acuren (TIC) does Gates Capital report?
They report beneficial ownership of 8,242,035 shares, representing 4.1% of Acuren’s Common Stock.
What voting and dispositive powers are reported by Gates Capital?
They report shared voting power: 8,242,035 and shared dispositive power: 8,242,035; sole power: 0 for both.
How was the 4.1% ownership in Acuren (TIC) calculated?
It is based on 200,589,758 shares outstanding as of August 12, 2025, per the company’s Form 10‑Q.
Who are the reporting persons in this Schedule 13G/A?
Gates Capital Management, L.P.; Gates Capital Management GP, LLC; Gates Capital Management, Inc.; and Jeffrey L. Gates.
What is the stated intent behind Gates Capital’s holdings?
They certify the securities were acquired and are held in the ordinary course of business, not to change or influence control.
What is the date of the event requiring this filing?
The date of event is September 30, 2025.
What is the CUSIP and class of Acuren’s securities reported?
CUSIP 00510N102, class: Common Stock, par value .0001 per share.