NV5 Holdings To Redeem Outstanding Public Warrants - Quick Facts

(RTTNews) - NV5 Holdings, Inc. (NVEE) said it has called for redemption of all of its 412,414 outstanding public warrants (NVEEW) to purchase shares of the company's common stock that were issued in its initial public offering.

The company is exercising its right to call the public warrants for redemption after satisfying the applicable conditions set forth in the amended and restated warrant agreement, dated as of September 24, 2013.

NV5 Holdings has sent a notice of redemption to all public warrant holders on January 5, 2015.

These public warrant holders will have until 5:00 p.m., New York City time, on February 4, 2015 to exercise their public warrants at $7.80 per share. Public warrants that have not been exercised by the expiration time will be redeemed by the company on February 5, 2015 for the sum of $0.01 per public warrant and such warrants will be cancelled.

In connection with the redemption of all outstanding public warrants, NV5 Holdings said that the trading of its public warrants, which are currently listed under the symbol "NVEEW," will be suspended and these public warrants will be delisted from the Nasdaq Capital Market.