On October 7, 2025, Acuren Corporation (NYSE: TIC) announced that it has entered into a definitive agreement to sell $250 million of its common stock in a private placement to an existing investor. The transaction involves the issuance of approximately 20.8 million shares at a price of $12.00 per share, providing the company with a substantial equity infusion.
The announcement also notes that Acuren has expressed an intention to rebrand as TIC Solutions, Inc., indicating a strategic shift in corporate identity that accompanies the capital raise. The private placement is being conducted with an existing shareholder, underscoring a targeted equity transaction rather than a public offering.
This financing event delivers immediate liquidity to Acuren, potentially supporting its growth initiatives or strengthening its balance sheet. The transaction represents a significant capital-raising milestone for the company, marking a new chapter in its financial strategy.
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