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Nature's Sunshine Products, Inc. Announces Launch of Secondary Public Offering of Common Stock
Globenewswire· 2025-06-25 20:01
LEHI, Utah, June 25, 2025 (GLOBE NEWSWIRE) -- Nature’s Sunshine Products, Inc. (NASDAQ: NATR) (“Nature’s Sunshine” or the “Company”), a leading manufacturer of high-quality herbal and nutritional supplements, today announced the launch of an underwritten secondary public offering of up to 2,854,607 shares of its common stock to be sold by Fosun Pharma USA, Inc (the “Selling Stockholder”). The Selling Stockholder will receive all of the net proceeds from the offering. Nature’s Sunshine is not selling any sha ...
Southwest Gas Holdings Announces Closing of Secondary Public Offering of Centuri Holdings, Inc. Common Stock
Prnewswire· 2025-05-22 20:15
LAS VEGAS, May 22, 2025 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas Holdings" or the "Company") today announced the closing of its underwritten secondary public offering of Centuri Holdings, Inc. (NYSE: CTRI) ("Centuri") common stock (the "Offering"). Southwest Gas Holdings, as the selling stockholder, sold 10,350,000 existing shares of Centuri's common stock at a public offering price of $17.50 per share (the "Offering Price"), including the underwriters' full exercise of their ...
Southwest Gas Holdings Announces Pricing of Secondary Public Offering of Centuri Holdings, Inc. Common Stock
Prnewswire· 2025-05-21 03:39
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]
Garrett Motion Announces Launch of Secondary Public Offering of Common Stock and Concurrent Share Repurchase
Globenewswire· 2025-05-20 21:03
Company Overview - Garrett Motion Inc. is a leading differentiated automotive technology provider with a 70-year history of innovation in the automotive sector and beyond, including off-highway equipment, marine, and power generators [8] - The company specializes in turbocharging technology, which has led to significant reductions in engine size, fuel consumption, and CO2 emissions [8] - Garrett is actively developing technology solutions for Zero Emission Vehicles, including fuel cell compressors for hydrogen fuel cell vehicles and electric propulsion systems for battery electric vehicles [8] - The company operates five R&D centers and 13 manufacturing facilities, employing over 9,000 people in more than 20 countries [8] Recent Developments - Garrett announced a proposed secondary public offering of 17,000,000 shares of common stock held by certain entities managed by affiliates of Oaktree Capital Management, Centerbridge Partners, and Cyrus Capital Partners [1] - The underwriters have a 30-day option to purchase an additional 2,550,000 shares from the Selling Stockholders [1] - The company has authorized the repurchase of approximately 2 million shares of common stock as part of the secondary public offering, with a maximum aggregate repurchase amount of $25 million [2] - This repurchase is part of Garrett's existing $250 million share repurchase program [2] Underwriters and Regulatory Filings - Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC are acting as lead bookrunners for the proposed offering, with several other firms serving as joint bookrunning managers [3] - A shelf registration statement and a preliminary prospectus supplement relating to the offering have been filed with the Securities and Exchange Commission [4]
Southwest Gas Holdings Announces Launch of Secondary Public Offering of Centuri Holdings, Inc. Common Stock
Prnewswire· 2025-05-20 20:51
LAS VEGAS, May 20, 2025 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas Holdings" or the "Company") today announced the commencement of an underwritten secondary public offering of Centuri Holdings, Inc. (NYSE: CTRI) ("Centuri") common stock (the "Offering"), pursuant to which Southwest Gas Holdings, as the selling stockholder, is offering 9,000,000 existing shares of Centuri's common stock. Southwest Gas Holdings expects to grant the underwriters a 30-day option to purchase up to a ...