Acuren plans $250M private placement to existing investor

* Acuren (NYSE:TIC [https://seekingalpha.com/symbol/TIC]) plans to sell $250 million of the company’s securities in a private placement to an existing investor.
* Pursuant to the terms of the agreement, the company will sell around 20.8 million shares of its common stock at $12.00 per share (or in lieu thereof, pre-funded warrants with an exercise price of $.0001 per share).
* The sale is expected to close on or about October 7, 2025, subject to customary closing conditions. Proceeds will be used for general corporate purposes.
* Source: Press Release [https://seekingalpha.com/pr/20254918-acuren-corporation-announces-250-million-private-placement]

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