Nv5 Global, INC

Market Movers (8-K)

NV5 Global, Inc. has completed its merger with Acuren Corporation, resulting in its delisting from the NASDAQ Stock Market.
NV5 Global, Inc. stockholders overwhelmingly approved the proposed merger with Acuren Corporation and related executive compensation at a Special Meeting held on July 31, 2025.
NV5 Global, Inc. has amended the employment agreements of Richard Tong, MaryJo OBrien, and Edward Codispoti to include 'good leaver' provisions under certain termination conditions.
Acuren Corporation and NV5 Global, Inc. have announced a definitive agreement to merge, creating a leading global Testing, Inspection, Certification and Compliance (TICC) and Engineering Services firm with over $2 billion in combined revenue.
Capital raise
NV5 Global reports a 10% increase in gross revenues and a 96% increase in cash flows from operations for the first quarter of 2025, reaffirming its full-year guidance.
Better than expected
NV5 Global reports a strong 2024 with revenue and profit growth, and issues guidance for continued growth in 2025.
Worse than expected

Quarterly Earnings (10-Q)

NV5 Global reported significant revenue and net income growth in Q2 2025, driven by organic expansion and recent acquisitions, while progressing towards its definitive merger with Acuren Corporation.
Capital raise
Better than expected
NV5 Global's Q1 2025 shows a revenue increase of 10.1% but only a slight rise in net income compared to Q1 2024.
Worse than expected
Delay expected
NV5 Global's third-quarter results show a revenue increase of 5.6% year-over-year, but the company also disclosed a material weakness in internal controls.
Worse than expected
NV5 Global's Q2 2024 results show a revenue increase but a significant drop in net income due to higher operating expenses and interest costs, despite ongoing acquisition activities.
Worse than expected
NV5 Global's first quarter saw a decrease in net income despite a revenue increase, influenced by recent acquisitions and increased operating expenses.
Worse than expected

Annual Reports (10-K)

NV5 Global, Inc. has filed an Amendment No. 2 to its Annual Report on Form 10-K for the fiscal year ended December 28, 2024, primarily to include previously omitted beneficial ownership information and updated Sarbanes-Oxley certifications.
NV5 Global files an amendment to its 10-K annual report, providing details on directors, executive compensation, corporate governance, and related matters.
Worse than expected
NV5 Global's 2024 annual report reveals a 10% revenue increase driven by acquisitions and organic growth, alongside challenges in profitability due to rising operating expenses.
Worse than expected
NV5 Global's 10-K filing outlines the company's capital structure, including common and preferred stock details, and various anti-takeover provisions.

Insider Trading (Form 4)

NV5 Global CEO Benjamin Heraud disposed of 171,154 shares of common stock as part of the company's merger with Acuren Corporation, receiving Acuren stock and cash.
NV5 Global, Inc.'s CEO of Infrastructure, Alexander A. Hockman, disposed of all his common stock holdings as part of the company's merger with Acuren Corporation.
NV5 Global's Executive VP and Secretary, MaryJo O'Brien, converted all her NV5 common stock and vested restricted stock awards into Acuren common stock and cash following a merger agreement.
NV5 Global, Inc. Executive Vice President and General Counsel Richard Tong reported the disposition of all his NV5 common stock following the company's merger with Acuren Corporation.
NV5 Global's Executive Chairman, Dickerson Wright, reports the conversion of his indirect common stock holdings into Acuren shares and cash as part of a merger agreement.
NV5 Global's CFO, Edward H. Codispoti, disposed of all his common stock holdings following the company's merger with Acuren Corporation.

Proxy Statements (Def-14A)

NV5 Global provides key updates on its merger with Acuren Corporation, including regulatory clearance and the expiration of the go-shop period without a superior offer, while simultaneously addressing ongoing stockholder litigation alleging material omissions in proxy statements.
Acuren Corporation and NV5 Global, Inc. have entered into a definitive merger agreement, valued at approximately $1.5 billion, to combine their businesses into a leading testing, inspection, and engineering platform.
Worse than expected
Capital raise
Acuren Corporation will acquire NV5 Global for approximately $1.7 billion, combining their strengths in testing, inspection, certification, and engineering services.
NV5 Global, Inc. has filed a definitive proxy statement with the Securities and Exchange Commission.
NV5 Global's proxy statement details proposals for the upcoming annual meeting, including the election of directors, ratification of auditors, executive compensation approval, and a key amendment to exculpate officers from certain liabilities.
Worse than expected

Schedule 13G - Passive Investments

Dickerson Wright reports zero beneficial ownership in NV5 Global, Inc. following its merger with a subsidiary of Acuren Corporation.
Cercano Management LLC and Christopher N. Orndorff have jointly disclosed a beneficial ownership of 6.0% of NV5 Global, Inc.'s common stock, totaling 3,925,599 shares, as of December 31, 2024.