NV5 Global announces 4-for-1 stock split

NV5 Global will conduct a four-for-one stock split of the Company’s common stock to make stock ownership more accessible to employees and increase liquidity in public trading of NV5 stock. Since NV5’s initial public offering, the Company has strategically used stock-based compensation to attract and retain the industry’s top engineers and technical professionals. Equity also plays a key role in the Company’s mergers and acquisitions strategy as a component of the payment terms in most transactions. The strategic use of stock in employee compensation and acquisition consideration creates partners and promotes alignment between the interests of the Company’s employees, executive team, and NV5’s investors. The stock split was approved by NV5’s Board of Directors and will increase the number of shares of NV5’s outstanding common stock to approximately 65.1 million shares. Shareholders of record as of the close of market on October 9, 2024 are expected to receive three additional shares of common stock for every one share of common stock held after market close on October 10, 2024. NV5’s shares are expected to begin trading on a post-split basis on the Nasdaq Global Select Market at the market open on October 11, 2024.