Centuri Holdings, Inc. has announced an update to its recent transaction with Icahn Investors. As part of this transaction, Centuri Holdings has entered into a Registration Rights Letter Agreement with the Icahn Investors, allowing them certain resale registration rights. This agreement stipulates that the resale of shares sold to Icahn Investors in a Concurrent Private Placement will be registered no later than 181 days following May 22, 2025. Additionally, under an Underwriting Agreement with J.P. Morgan Securities LLC, Centuri Holdings and other involved parties have agreed to certain conditions regarding the sale or transfer of Centuri Common Stock for a period of 45 days following the Prospectus Supplement date.
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