TIC reports a planned sale of restricted or control securities under Rule 144. A company affiliate intends to sell 52,467 common shares through Merrill Lynch, Pierce, Fenner & Smith Inc. on the NYSE, with an approximate aggregate market value of 500006.21. The sale is expected to occur around 11/18/2025.
The notice states that there were 220,559,713 common shares outstanding at the time referenced. The shares to be sold were acquired from the issuer as compensation on several dates, including 08/04/2025 (29,534 shares), 07/28/2025 (13,906 shares), and 03/03/2025 (9,026 shares), with payment also characterized as compensation. The signer represents that they are not aware of undisclosed material adverse information about TIC.
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.
TIC Solutions, Inc. reported third-quarter results and finalized a transformative acquisition. Q3 revenue was $473,888, with a net loss of $13,890 and diluted loss per share of $0.08. For the nine months ended September 30, 2025, revenue was $1,022,028 and net loss was $39,916 (diluted loss per share $0.29).
On August 4, 2025, TIC closed the NV5 Global acquisition for total consideration of $1,668,959 (cash $870,911, equity $768,304, replacement awards $29,744), funded in part by a new $875,000 term loan and an expanded $125,000 revolving facility. The deal added preliminary $688,165 of goodwill (total goodwill now $1,564,370) and identifiable intangibles of $821,900 (customer relationships, backlog, trade name, technology). Remaining performance obligations were $1.0 billion, with $833.6 million expected over the next 12 months.
Year‑to‑date operating cash flow was $45,330, investing used $(856,445) (driven by acquisitions), and financing provided $833,867. Term loans totaled $1,640,066 (total debt, net: $1,615,467). Common shares outstanding were 220,559,713 as of November 10, 2025.
TIC Solutions, Inc. (NYSE: TIC) furnished its third-quarter results by issuing a press release for the quarter ended September 30, 2025. The release was provided as Exhibit 99.1, and the information under Items 2.02 and 7.01 is being furnished, not filed, under the Exchange Act.
The company also announced a leadership transition: General Counsel and Corporate Secretary Richard Tong will retire and depart on or prior to December 31, 2025. TIC Solutions has begun a search for a new General Counsel.