NV5 Global Files 10-K/A Amendment for FY24, Confirms Large Accelerated Filer Status
| Field | Detail |
|---|---|
| Company | Nv5 Global, Inc. |
| Form Type | 10-K/A |
| Filed Date | May 30, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K/A, SEC Filing, NV5 Global, Annual Report Amendment, Large Accelerated Filer, Corporate Governance, Financial Reporting
Related Tickers: NVEE
TL;DR
**NV5 Global's 10-K/A signals a necessary correction, reinforcing their commitment to transparency as a large accelerated filer, which is a bullish sign for compliance-focused investors.**
AI Summary
NV5 Global, Inc. filed a 10-K/A Amendment No. 2 for the fiscal year ended December 28, 2024, indicating a correction or update to its previously filed annual report. As a well-known seasoned issuer with Commission File Number 001-35849, NV5 Global is subject to the filing requirements of the Securities Exchange Act of 1934 and has filed all required reports during the preceding 12 months. The company's common stock, with a $0.01 par value, is traded on The NASDAQ Stock Market under the symbol NVEE. The filing confirms NV5 Global's status as a large accelerated filer, which implies a public float of $700 million or more and a history of timely filings. This amendment likely addresses specific financial or operational disclosures, ensuring compliance and transparency for investors regarding its performance through December 28, 2024. The company's business address is 200 South Park Road, Suite 350, Hollywood, FL 33021, and its phone number is (954) 495-2112.
Why It Matters
This 10-K/A filing from NV5 Global, Inc. is crucial for investors as it provides updated or corrected information for the fiscal year ended December 28, 2024, ensuring the accuracy of financial reporting. As a large accelerated filer, NV5 Global is held to higher standards of disclosure and reporting deadlines, which can instill greater investor confidence compared to smaller companies. The amendment's specifics, though not detailed in the provided text, could impact valuation models, risk assessments, and strategic decisions for shareholders and potential investors. Competitively, maintaining robust and accurate SEC filings is vital for market credibility and can influence how NV5 Global is perceived against its peers in the engineering and consulting services sector.
Risk Assessment
Risk Level: low — The risk level is low because the filing is an amendment (10-K/A), indicating the company is proactively correcting or updating information, rather than a new, potentially problematic disclosure. NV5 Global, Inc. explicitly states it is a 'well-known seasoned issuer' and a 'large accelerated filer,' confirming its adherence to stringent SEC reporting requirements and a history of timely filings over the past 12 months, as indicated by the 'Yes' checkmarks for compliance.
Analyst Insight
Investors should review the full 10-K/A filing to understand the specific changes or corrections made for the fiscal year ended December 28, 2024. While the amendment itself isn't inherently negative, understanding the nature of the revisions is key to assessing any potential impact on NV5 Global's financial health or operational outlook.
Key Numbers
- $0.01 — Common Stock Par Value (The par value per share of NV5 Global's common stock.)
- 2024-12-28 — Fiscal Year End Date (The period covered by the 10-K/A filing.)
- 001-35849 — SEC File Number (Unique identifier for NV5 Global's SEC filings.)
- 251012336 — Film Number (Internal SEC processing number for the filing.)
- 15 — Public Document Count (Number of documents associated with this accession number.)
Key Players & Entities
- NV5 Global, Inc. (company) — Registrant and filer of the 10-K/A
- SEC (regulator) — United States Securities and Exchange Commission
- NASDAQ Stock Market (regulator) — Exchange where NV5 Global's common stock is registered
- $0.01 (dollar_amount) — Par value of common stock
- December 28, 2024 (date) — Fiscal year end for the 10-K/A filing
- 001-35849 (regulator) — Commission File Number for NV5 Global, Inc.
- 200 South Park Road, Suite 350, Hollywood, FL 33021 (company) — Business address of NV5 Global, Inc.
- (954) 495-2112 (company) — Business phone number of NV5 Global, Inc.
- Delaware (company) — State of incorporation for NV5 Global, Inc.
- 45-3458017 (company) — I.R.S. Employer Identification No. for NV5 Global, Inc.
FAQ
What is the purpose of NV5 Global's 10-K/A filing?
NV5 Global's 10-K/A filing is an amendment to its annual report for the fiscal year ended December 28, 2024. It serves to correct or update information previously submitted, ensuring accuracy and compliance with SEC regulations.
When was NV5 Global's 10-K/A filed?
The 10-K/A for NV5 Global, Inc. was filed on May 30, 2025, for the fiscal year ended December 28, 2024.
Is NV5 Global considered a well-known seasoned issuer?
Yes, NV5 Global, Inc. is indicated as a well-known seasoned issuer, as defined in Rule 405 of the Securities Act, which signifies its eligibility for certain streamlined SEC filing processes.
What is NV5 Global's trading symbol and where is it listed?
NV5 Global, Inc.'s common stock trades under the symbol NVEE and is listed on The NASDAQ Stock Market.
What does 'large accelerated filer' status mean for NV5 Global?
Being a 'large accelerated filer' means NV5 Global has a public float of at least $700 million and is subject to shorter deadlines for filing its annual and quarterly reports, reflecting a higher level of market capitalization and reporting rigor.
Has NV5 Global filed all required reports in the past year?
Yes, the filing indicates that NV5 Global, Inc. has filed all reports required by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months.
What is the par value of NV5 Global's common stock?
The common stock of NV5 Global, Inc. has a par value of $0.01.
Where is NV5 Global's principal executive office located?
NV5 Global, Inc.'s principal executive office is located at 200 South Park Road, Suite 350, Hollywood, FL 33021.
What is NV5 Global's Central Index Key (CIK)?
NV5 Global, Inc.'s Central Index Key (CIK) is 0001532961, which is used by the SEC to identify the company.
What is the significance of Amendment No. 2 in the 10-K/A filing?
Amendment No. 2 indicates that this is the second revision or update to the original 10-K filing for the fiscal year ended December 28, 2024, suggesting multiple adjustments were deemed necessary by NV5 Global.
Industry Context
NV5 Global operates within the professional and technical services sector, which is characterized by a fragmented market with numerous players offering specialized engineering, consulting, and testing services. The industry is influenced by government infrastructure spending, private sector development projects, and environmental regulations. Key trends include the increasing demand for sustainable infrastructure solutions, digitalization of design and construction processes, and consolidation through mergers and acquisitions.
Regulatory Implications
As a publicly traded company, NV5 Global is subject to stringent SEC regulations, including timely and accurate financial reporting. The filing of a 10-K/A amendment highlights the importance of compliance and the potential for scrutiny regarding disclosures. Changes in accounting standards or industry-specific regulations could also impact the company's operations and reporting requirements.
What Investors Should Do
- Review the specific changes made in Amendment No. 2 of the 10-K filing.
- Monitor future filings for consistency and adherence to reporting standards.
Key Dates
- 2024-12-28: Fiscal Year End — Marks the end of the reporting period for the annual report.
- 2025-05-30: Filing Date of 10-K/A Amendment No. 2 — Indicates the date the amended annual report was officially submitted to the SEC, suggesting corrections or updates to the original filing.
Glossary
- 10-K/A
- An amended annual report filed with the SEC to correct or update previously filed information. (This filing is an amendment to NV5 Global's annual report, indicating a need for revisions to the original submission.)
- Large Accelerated Filer
- A filer that meets specific criteria, including a public float of $700 million or more and has been subject to SEC reporting requirements for at least 12 calendar months. (NV5 Global's status as a large accelerated filer signifies its substantial market capitalization and compliance history.)
- SEC File Number
- A unique identifier assigned by the Securities and Exchange Commission to a company's registration statements and periodic reports. (The number 001-35849 is NV5 Global's specific SEC file number, used for tracking its filings.)
- Par Value
- A nominal value assigned to a share of stock by the issuing company, often a very small amount. (NV5 Global's common stock has a par value of $0.01, which is a standard accounting practice and not indicative of market value.)
Year-Over-Year Comparison
This filing is an amendment (10-K/A) to the previous annual report, indicating that specific details or corrections were necessary for the fiscal year ended December 28, 2024. Without access to the original 10-K and the specific content of this amendment, a direct comparison of key metrics like revenue growth, margin changes, or new risks is not possible. Investors should carefully examine the disclosed changes within the amendment to understand any shifts from the initial reporting.
Filing Details
This Form 10-K/A (Form 10-K/A) was filed with the SEC on May 30, 2025 regarding NV5 Global, Inc..