---
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"
generated_at: "2026-05-24T04:24:53.993359+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Acuren restates Predecessor period financials due to $12.5M tax error, increasing loss per share by $2.50

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 4.02
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001013762-25-002970
- JSON: https://secwatch.observer/filing/0001013762-25-002970.json
- Plain text: https://secwatch.observer/filing/0001013762-25-002970.txt

## Key facts
- Auditor Changes
  TIC Solutions, Inc. reported that prior financial statements should not be relied upon.
  - Action: non reliance
  - Auditor: PricewaterhouseCoopers LLP
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/2032966/000101376225002970/0001013762-25-002970-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.