(NYSE:CTRI) PHOENIX--(BUSINESS WIRE)---- $CTRI--Centuri Holdings, Inc. (NYSE: CTRI) (âCenturiâ or the âCompanyâ) today announced that Southwest Gas Holdings, Inc. (âSouthwest Gasâ) will sell an aggregate of 27,362,210 shares of Centuriâs common stock as selling stockholder through a proposed registered public offering (the âOfferingâ). Centuri is not selling any shares of common stock in the proposed Offering and will not receive any proceeds from the sale of the shares being offered by Southwest Gas. J.P. Morgan is
Related Questions
What pricing discount will the secondary offering have relative to the current market price and how might it affect Centuri's share price?
How will the increase in float from Southwest Gas's 27.36âŻmillion shares impact liquidity, ownership structure, and potential selling pressure?
What are the dilution implications and future capitalâraising considerations given that Centuri will not receive proceeds from this secondary offering?