VIKING GLOBAL INVESTORS LP - 14 Feb 2025 Form 3 Insider Report for ACUREN CORP (TIC)

Reporting relationship: 10%+ Owner
Issuer ticker: TIC
Reported as of: 14 Feb 2025
Net transaction value: $0
SEC form: 3
Accepted by SEC: 14 Feb 2025, 16:58:35 UTC
Prior SEC filing: 31 Jan 2025
Next SEC filing: 01 Jul 2025
Source filing: View source filing
Reporting owner signature: /s/ Scott M. Hendler signing on behalf of O. Andreas Halvorsen (6)(7)

Key filing fact

VIKING GLOBAL INVESTORS LP filed Form 3 for ACUREN CORP (TIC) on 14 Feb 2025.

Key facts

This page summarizes VIKING GLOBAL INVESTORS LP's Form 3 filing for ACUREN CORP (TIC).
0 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 14 Feb 2025, 16:58.

Change

Previous filing in this sequence was filed on 31 Jan 2025.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Official SEC source

Ownership activity is grounded in SEC Form 3 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TIC holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 23,021,200
Date: 14 Feb 2025
Ownership: See Explanation of Responses
Footnotes: F1, F2, F3, F5

TIC holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 11,338,800
Date: 14 Feb 2025
Ownership: See Explanation of Responses
Footnotes: F1, F2, F4, F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Andreas Halvorsen, David C. Ott and Rose S. Shabet are Executive Committee members of certain management entities, including Viking Global Partners LLC, the general partner of Viking Global Investors LP ("VGI"), and Viking Global Opportunities Parent GP LLC ("Opportunities Parent"), the sole member of Viking Global Opportunities GP LLC ("Opportunities GP"), the sole member of Viking Global Opportunities Portfolio GP LLC ("Opportunities Portfolio GP"), the general partner of Viking Global Opportunities Illiquid Investments Sub-Master LP ("Opportunities Fund"). Opportunities Parent is also the sole member of Viking Global Opportunities Drawdown GP LLC ("VGOD GP"), the sole member of Viking Global Opportunities Drawdown Portfolio GP LLC ("VGOD Portfolio GP"), the general partner of Viking Global Opportunities Drawdown (Aggregator) LP ("VGOD").

Footnote F2

VGI provides managerial services to various investment funds and vehicles, including Opportunities Fund and VGOD. VGI, Opportunities Parent, Opportunities GP, Opportunities Portfolio GP, Opportunities Fund, Mr. Halvorsen, Mr. Ott and Ms. Shabet are, collectively, the "Reporting Persons." Each of VGI, Mr. Halvorsen, Mr. Ott and Ms. Shabet may be deemed to beneficially own all of the securities reported on this form.

Footnote F3

These securities are held directly by Opportunities Fund. Because of the relationship between Opportunities Portfolio GP, Opportunities GP, Opportunities Parent and Opportunities Fund, each of Opportunities Portfolio GP, Opportunities GP and Opportunities Parent may be deemed to beneficially own the securities held directly by Opportunities Fund.

Footnote F4

These securities are held directly by VGOD. Because of the relationship between Opportunities Parent and VGOD, Opportunities Parent may be deemed to beneficially own the shares of Common Stock held directly by VGOD.

Footnote F5

The Reporting Persons disclaim beneficial ownership of these securities except to the extent of their pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose.

SEC remarks

In addition to the shares of Common Stock reported herein, each of VGOD and Opportunities Fund holds a limited liability company interest in Mariposa Acquisition IX, LLC and, as a result, collectively may be deemed to have an indirect economic interest in approximately 1,490,813 shares of Common Stock (including approximately 75,000 shares of Common Stock issuable upon conversion of Series A Preferred Stock held by Mariposa Acquisition IX, LLC). However, none of VGOD, Opportunities Fund nor any of the Reporting Persons have any beneficial ownership or Section 16-reportable pecuniary interest in such shares at this time, and so such shares have been excluded from this Form 3. (6) The Reporting Persons are jointly filing this Form 3 pursuant to Rule 16a-3(j) under the Exchange Act. (7) Scott M. Hendler is signing on behalf of Mr. Halvorsen, Mr. Ott and Ms. Shabet, each individually and as an Executive Committee Member of VIKING GLOBAL PARTNERS LLC, on behalf of VIKING GLOBAL INVESTORS LP, and as an Executive Committee Member of VIKING GLOBAL OPPORTUNITIES PARENT GP LLC, on behalf of itself and VIKING GLOBAL OPPORTUNITIES GP LLC, VIKING GLOBAL OPPORTUNITIES PORTFOLIO GP LLC and VIKING GLOBAL OPPORTUNITIES ILLIQUID INVESTMENTS SUB-MASTER LP, pursuant to authorization and designation letters dated February 9, 2021, which were filed with the Securities and Exchange Commission on June 7, 2021.