TIC Solutions completed its merger with NV5 Global on 8/4/2025 for cash and TIC stock. NV5 Global shareholders were to receive $10.00 in cash plus 1.1523 TIC share for each NVEE share. The transaction is taxable only to a maximum of the cash received in the merger. Gain but not loss will be realized based on the total value of the cash and stock received and the cost basis of the NVEE shares. The SEC filing for this merger can be found on the EDGAR site at

https://www.sec.gov/ix?doc=/Archives/edgar/data/2032966/000121390025052719/ea0244768-01.htm#T99117

Important Reminders and Notes:

In Merger with cash transactions, realized capital gains and the cost basis of the new shares have a component dependent on the price per share chosen in the entry screens. In our experience brokers tend to use the price per share published by the companies on their websites in their guidance to shareholders. If the companies publish guidance with a share price, we use that share price in our instructions to minimize possible differences between the accounting records and broker information. In cases where no guidance is available, we will choose the lower of the opening or closing price on the effective date. Either of these prices is acceptable to the IRS and by choosing the lower price some realized capital gains will be deferred to a later date. There is always the chance the price we choose will not be the price chosen by your broker. The gain from the merger and cost basis of the new shares recorded in your accounting records will then differ from your broker information. Because of the lack of detail in the tax code, both our choice and your broker’s choice would be reasonable estimates of market value for the shares received. Your records are NOT incorrect because they differ from your broker. Tax return forms do have specific areas to report these usually small differences. Our tax printer software handles these adjustment entries automatically in the normal operation of the software. 

For NV5 Global shareholders this merger is a cash-plus-stock reorganization. Information for these instructions is from SEC filings, company websites, and websites offering historical stock prices. IRS form 8937 was available when these instructions were written. A market price of $11.28 for TIC shares was quoted in the 8937. This is the price used to determine the exchange ratio of the merger. However, these instructions will use the closing price on the merger completion date as it better reflects market conditions at the completion of the merger and limit possible current gains and defer them to when TIC is sold.

Instructions for myICLUB Users.

Use the Merger with cash transaction.

Step 1

• Date: 8/4/2025
• Merging Company: NVEE (NV5 Global)

Step 2

• Be sure to choose the option Transaction is taxable to a maximum of the cash received
• Cash per share received:  10.00
• Exchange ratio of new to old shares: 1.1523
• Price per share of new shares on merger date: 10.50 (Closing price on 8/4/2025)
• Reorganization Fee: See your broker statement
• Symbol of New Company:  TIC
• Shares received and Price per Share should auto-fill from information above.
• Cash Received: See your broker statement for cash-in-lieu amount.

Note: Reminder- Acuren changed its name to TIC Solutions after the merger. When you enter the symbol TIC, myICLUB will identify the company as TIC Solutions, not as Acuren.