Centuri raises ~$235M via public offering at $21.50/share and $75M private placement with Icahn

Centuri Holdings, Inc.

Public offering of 7,441,860 shares at $21.50 per share; underwriters have 30-day option for 1,116,279 additional shares.
Concurrent private placement of $75M of shares to Icahn Partners LP and Icahn Partners Master Fund LP at same price.
Offering expected to close November 14, 2025; net proceeds for general corporate purposes, acquisitions, and debt repayment.
Directors, officers, and Icahn affiliates subject to 30-day lock-up with written consent of J.P. Morgan required to sell.
Underwriting agreement with J.P. Morgan and Wells Fargo as representatives; Private Placement Agreement signed November 11, 2025.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.