Brief: Acuren Regarding Preparation Of Form 10-K For Year Ended Dec 31, 2024 Determined Valuation Allowance Was Necessary On Portion Of Deferred Tax Assets

TIC Solutions

27/03/2025 12:52

March 27 (Reuters) - Acuren Corp TIC.A:

ACUREN: REGARDING PREPARATION OF FORM 10-K FOR YEAR ENDED DEC 31, 2024 DETERMINED VALUATION ALLOWANCE WAS NECESSARY ON PORTION OF DEFERRED TAX ASSETS

ACUREN CORP: EVALUATED IMPACT OF ERRORS ON ITS ICFR AND CONCLUDED EXISTING MATERIAL WEAKNESSES RESULTED IN THESE ERRORS

ACUREN CORP: CONCLUDED ERROR IS MATERIAL TO CO'S PREVIOUSLY ISSUED UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR PREDECESSOR PERIOD

ACUREN CORP: THERE WAS NO IMPACT TO PERIOD FROM JULY 30, 2024 THROUGH DECEMBER 31, 2024 AS A RESULT OF ERROR

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 ((Reuters.Briefs@thomsonreuters.com;))