Forgent Power prices upsized follow-on offering at $47 a share

Forgent Power Solutions

Forgent Power Solutions

FPS

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  • Forgent Power Solutions priced an upsized follow-on offering at USD 47 per Class A share.
  • Deal includes 28,542,420 shares sold by Neos-controlled selling stockholders, 13,737,580 primary shares sold by Forgent.
  • 30-day greenshoe covers up to 4,227,261 additional selling stockholder shares, 2,114,739 additional primary shares.
  • Net proceeds from the primary sale earmarked to redeem interests in an operating subsidiary held by Neos-controlled existing equity owners.
  • Closing expected June 1, 2026, subject to customary conditions.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Forgent Power Solutions Inc. published the original content used to generate this news brief on May 28, 2026, and is solely responsible for the information contained therein.