secwatch.observer — SEC 8-K summary
======================================

Issuer:     Southwest Gas Holdings, Inc. (SWX)
CIK:        0001692115
Form:       8-K
Filed at:   2025-06-18T23:59:59+00:00
Accession:  0001193125-25-142730
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Southwest Gas sells 11.2M Centuri shares for $225M net; enters private placement with Icahn
--------------------------------------------------------------------------------

- Sold 11,212,500 Centuri shares at $20.75/share via underwritten offering, net proceeds ~$225M.
- Agreed to sell 1,060,240 additional Centuri shares to Icahn entities at same price for ~$22M, pending HSR clearance.
- Ownership in Centuri drops to 53.3% after offering; ~52.1% if private placement closes.
- Proceeds from both transactions will be used to repay outstanding indebtedness.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692115/000119312525142730/0001193125-25-142730-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1692115/000119312525142730/d45581d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-142730

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer