Core Viewpoint - Nature's Sunshine Products, Inc. is launching a secondary public offering of up to 2,854,607 shares of its common stock, which will be sold by Fosun Pharma USA, Inc. as the selling stockholder [1][2]. Group 1: Offering Details - The selling stockholder will receive all net proceeds from the offering, while Nature's Sunshine will not sell any shares or receive any proceeds [2]. - The company has agreed to potentially purchase up to $15.0 million of its common stock from the underwriters as part of its share repurchase program, but there is no guarantee that any shares will be purchased [3]. - D.A. Davidson & Co. is acting as the sole book-running manager for the offering, which is being conducted under a shelf registration statement filed with the SEC [4]. Group 2: Company Background - Nature's Sunshine Products is a leading manufacturer of herbal and nutritional supplements, marketing products in over 40 countries and ensuring high quality through its own manufacturing facilities [8].

Core Viewpoint - Southwest Gas Holdings, Inc. successfully closed a secondary public offering of Centuri Holdings, Inc. common stock, raising significant capital for debt repayment [1][3]. Group 1: Offering Details - The company sold 10,350,000 shares of Centuri's common stock at a public offering price of $17.50 per share, including the underwriters' full exercise of their option to purchase an additional 1,350,000 shares [1]. - Icahn Partners LP and Icahn Partners Master Fund LP purchased 2,857,142 shares of Centuri's common stock in a concurrent private placement at the same price per share as the public offering [2]. - The net proceeds from the offering were approximately $175 million, while the concurrent private placement generated about $50 million [3]. Group 2: Use of Proceeds - The proceeds from both the offering and the private placement will be utilized for the repayment of outstanding indebtedness [3]. Group 3: Ownership Structure - After the completion of the offering and private placement, Southwest Gas Holdings retains approximately 65.9% ownership of Centuri's outstanding common stock [3]. Group 4: Underwriters - J.P. Morgan, UBS Investment Bank, and Wells Fargo Securities served as joint lead book-running managers for the offering, with additional support from BofA Securities and Moelis & Company [4]. Group 5: Company Background - Southwest Gas Holdings operates through its subsidiary, Southwest Gas Corporation, which focuses on the distribution and transportation of natural gas across Arizona, Nevada, and California [7]. - Centuri Holdings, Inc. provides utility infrastructure services, partnering with regulated utilities to maintain energy networks in the U.S. and Canada [8].

Core Viewpoint - Southwest Gas Holdings, Inc. is conducting a secondary public offering of 9,000,000 shares of Centuri Holdings, Inc. at a price of $17.50 per share, with an additional option for underwriters to purchase 1,350,000 shares [1][2] Group 1: Offering Details - The offering is expected to close on May 22, 2025, subject to customary closing conditions [1] - Icahn Partners and Icahn Partners Master Fund LP will purchase $50 million in shares of Centuri's common stock in a concurrent private placement at the same price per share as the public offering [2] - The shares are being offered under an effective shelf registration statement filed with the U.S. Securities and Exchange Commission [4] Group 2: Underwriters and Management - J.P. Morgan, UBS Investment Bank, and Wells Fargo Securities are acting as joint lead book-running managers for the offering [3] - BofA Securities and Moelis & Company are serving as book-running managers, with additional co-managers including Baird, KeyBanc Capital Markets, and others [3] Group 3: Company Background - Southwest Gas Holdings, Inc. operates through its subsidiary Southwest Gas Corporation, providing natural gas services to over 2 million customers in Arizona, Nevada, and California [6] - Centuri Holdings, Inc. partners with regulated utilities to build and maintain energy networks across the U.S. and Canada [7]