{"schema_version":"secwatch.filing_event.v1","accession":"0001013762-25-002970","form_type":"8-K","ticker":"TIC","cik":"0002032966","company_name":"TIC Solutions, Inc.","filed_at":"2025-03-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.841112+00:00","generated_at":"2026-05-24T04:24:53.993359+00:00","sec_items":["4.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Acuren restates Predecessor period financials due to $12.5M tax error, increasing loss per share by $2.50","bullets":["Audit Committee determined unaudited Predecessor period (Jan 1-Jul 29, 2024) financials can no longer be relied upon due to income tax error.","Estimated impact: income tax benefit decrease and total comprehensive loss increase of ~$12.5M; basic/diluted loss per share increase of ~$2.50.","Error also increases deferred tax liabilities by ~$12.5M; no impact on cash flows from operations.","Company previously disclosed material weaknesses in ICFR; these contributed to the error.","Restated financials will be presented in the upcoming Annual Report on Form 10-K."],"urls":{"canonical":"https://secwatch.observer/filing/0001013762-25-002970","json":"https://secwatch.observer/filing/0001013762-25-002970.json","markdown":"https://secwatch.observer/filing/0001013762-25-002970.md","text":"https://secwatch.observer/filing/0001013762-25-002970.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2032966/000101376225002970/0001013762-25-002970-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2032966/000101376225002970/ea0235446-8k_acuren.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T04:24:53.993359+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8109940835450eb0f3251088e531295dd2431849","claim":"TIC Solutions, Inc. reported that prior financial statements should not be relied upon.","evidence_excerpt":"should no longer be relied upon due to the error related to income taxes described below as well as other immaterial items and should be restated.","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2032966/000101376225002970/0001013762-25-002970-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"non reliance"},{"label":"Auditor","value":"PricewaterhouseCoopers LLP"}],"fact_type":"auditor_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}