SEC Form 424B3 filed by Acuren Corporation
Filed Pursuant to Rule 424(b)(3) and Rule 424(c)
Registration Statement No. 333-282976
April 24, 2025
PROSPECTUS SUPPLEMENT NO. 2
ACUREN CORPORATION
Up to 5,691,219 Shares of Common Stock
This prospectus supplement amends the prospectus dated April 4, 2025 (the “Prospectus”) of Acuren Corporation, a Delaware corporation (the “Company”), that relates to up to (i) 1,000,000 shares of our common stock issuable upon conversion of our outstanding Series A Preferred Stock, which are convertible into common stock on a one-for-one basis, (ii) 4,566,219 shares of our common stock issuable upon exercise of our outstanding warrants, with each warrant exercisable for one-fourth of a share of common stock at an exercise price of $11.50 per whole share of common stock until July 30, 2027, and (iii) 125,000 shares of our common stock issuable upon exercise of our outstanding options at an exercise price of $11.50 until July 31, 2029, as more fully described in the Prospectus.
This prospectus supplement is being filed to update and supplement the information included in the Prospectus with the information contained in the Company’s Current Report on Form 8-K filed with the SEC on April 24, 2025, as set forth below. This prospectus supplement should be read in conjunction with the Prospectus, which is to be delivered with this prospectus supplement.
Shares of common stock of the Company trade on the NYSE American under the symbol “TIC” and the Company’s warrants have qualified to trade on the OTCQB Market and are expected to begin trading under the symbol “TICAW” on April 25, 2025. On April 23, 2025, the closing price of the shares of common stock was $9.82.
Investing in the Company’s common stock involves risks. See “Risk Factors” beginning on page 6 of the Prospectus and under similar headings in any amendments or supplements to the Prospectus.
Neither the SEC nor any other regulatory body has approved or disapproved of these securities or passed upon the adequacy or accuracy of this prospectus. Any representation to the contrary is a criminal offense.
The date of this Prospectus Supplement No. 2 is April 24, 2025
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
April 23, 2025
Date of Report (date of earliest event reported)
Acuren Corporation
(Exact name of registrant as specified in its charter)
Delaware |
001-42524 | 66-1076867 | ||
(State or other jurisdiction of incorporation or organization) |
(Commission File Number) | (I.R.S. Employer Identification Number) |
14434 Medical Complex Drive, Suite 100 Tomball, Texas 77377 |
(Address of principal executive offices and zip code) |
(800) 218-7450 |
(Registrant's telephone number, including area code) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
None
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act.
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01. Other Events
Acuren Corporation (the “Company” or “Acuren”) (NYSE American: TIC) announces that its outstanding warrants that were issued in connection with the original investment vehicle (the “Warrants”) have qualified to trade on the OTCQB Market. The Warrants are expected to begin trading on the OTCQB Market under the symbol “TICAW” on April 25, 2025.
The Company also announces that, effective as of April 23, 2025, its Warrants are eligible for movement into participant accounts at the Depository Trust & Clearing Corporation (“DTC”). The CUSIP number for the Company’s Warrants is 00510N110. The Company’s former Warrant ISIN of VGG0093S1175 has been disabled and the current Warrant ISIN US00510N1101 remains active.
Holders of the Company’s Warrants currently held as depositary interests through the CREST system operated by Euroclear UK & International Limited (“CREST”) may now transfer such warrants from a CREST participant account in the UK to a DTC participant account in the US by contacting their broker or other custodian to request a movement of their position from a CREST participant account into a DTC participant account. CREST participants may contact the Global Transactions team at Computershare, the Company’s warrant agent, by e-mail at [email protected] with any questions regarding transfers of depositary interests out of CREST and into DTC.
Forward-Looking Statements
In this Form 8-K, the Company may discuss events or results that have not yet occurred or been realized, commonly referred to as forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made by or on behalf of the Company. Such statements relate in this Form 8-K, without limitation, to statements, beliefs, projections and expectations about future events, including the Company’s expectations regarding the commencement of trading on the OTCQB Market. These statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Prospective investors are cautioned not to place undue reliance on forward-looking statements, given certain risks and uncertainties, including that the commencement of trading could be delayed. Forward-looking statements included in this Form 8-K speak only as of the date hereof and, except as required by applicable law, the Company does not undertake any obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or circumstances after the date of this Form 8-K.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Acuren Corporation | ||
Date: April 24, 2025 | By: | /s/ Kristin Schultes |
Name: | Kristin Schultes | |
Title: | Chief Financial Officer |
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