---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-052178"
form_type: "8-K"
ticker: "CTRI"
cik: "0001981599"
company_name: "Centuri Holdings, Inc."
filed_at: "2025-11-14T23:59:59+00:00"
generated_at: "2026-05-16T19:57:05.693195+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-25-052178
- form_type: 8-K
- ticker: CTRI
- cik: 0001981599
- company_name: Centuri Holdings, Inc.
- filed_at: 2025-11-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1981599/000162828025052178/0001628280-25-052178-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1981599/000162828025052178/ctri-20251111.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-052178
- JSON: https://secwatch.observer/filing/0001628280-25-052178.json
- Plain text: https://secwatch.observer/filing/0001628280-25-052178.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.