New York Stock Exchange: A center for financial activity.
Acuren Corporation has announced its approval to uplist to the New York Stock Exchange from the NYSE American, effective May 19, 2025. This significant milestone is expected to enhance visibility and liquidity for the company, benefiting shareholders. CEO Tal Pizzey noted the uplisting as a reflection of employee dedication, while Co-Chairman Robert Franklin expressed optimism about expanding Acuren’s market presence. The company continues to serve various industrial markets in North America. Potential investors are reminded to consider inherent risks in forward-looking statements.
New York City – Acuren Corporation, a leading provider of essential asset integrity services, has received approval to uplist its common stock to the New York Stock Exchange (NYSE) from the NYSE American. This transition marks a significant milestone for the company and is set to take effect on May 19, 2025, when trading will begin on the NYSE. The common stock will halt trading on the NYSE American following market close on May 16, 2025.
Acuren’s stock will continue to utilize the same ticker symbol, “TIC,” on the NYSE. This strategic move is anticipated to broaden the company’s investor base and provide enhanced visibility and liquidity, factors that can contribute to long-term growth and value for shareholders.
Tal Pizzey, the Chief Executive Officer of Acuren, emphasized the uplisting as a significant achievement reflecting the dedication of the company’s employees and their commitment to leadership within the asset integrity sector. In particular, Acuren is focused on expanding its influence within the Testing, Inspection, Certification, and Compliance (TICC) market. This initiative aims to communicate Acuren’s value proposition to a larger audience and to enhance the overall shareholder experience.
Robert A.E. Franklin, Co-Chairman of Acuren, expressed that this uplisting signifies the company’s readiness to align itself with larger, more liquid organizations in the marketplace. He conveyed optimism regarding the uplisting’s potential to elevate Acuren’s corporate profile and engage with a wider array of investors. Additionally, Chris Taylor, the NYSE Group Chief Development Officer, acknowledged Acuren’s status as a prominent player in the asset integrity sector, welcoming the company to its prestigious listing.
The decision to uplist comes as Acuren continues to operate primarily in North America, where it serves a diverse range of industrial markets with its essential and compliance-mandated services. Acuren is notable for its contributions to the TICC category, which includes various services such as Nondestructive Testing (NDT) as well as in-lab destructive testing capabilities, essential for maintaining industry compliance and safety standards.
While the uplisting is celebrated, potential investors are reminded to consider that forward-looking statements made by Acuren may contain inherent risks and uncertainties that could impact actual results. The company has indicated there is no obligation to update or revise such statements following this announcement, indicating a commitment to providing stakeholders with accurate and timely information as developments unfold.
This uplisting to the NYSE is indicative of Acuren’s growth trajectory and its strategic positioning in a competitive market. Moving forward, the company anticipates that its enhanced stature on the NYSE will facilitate greater market engagement and increased investment interest, contributing to Acuren’s long-term objectives in the asset integrity landscape.
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