Forgent Power prices upsized secondary offering at $49 per share

Forgent Power Solutions

Forgent Power Solutions

FPS

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  • Forgent Power Solutions priced an upsized follow-on offering of Class A common stock at USD 49 per share.
  • Deal includes 29,094,075 shares sold by Neos Partners-controlled selling stockholders, 14,555,925 new shares sold by the company.
  • 30-day option for underwriters to buy up to 4,364,090 additional selling stockholder shares, 2,183,410 additional company shares.
  • Company proceeds earmarked to redeem interests in an operating subsidiary held by existing Neos Partners-controlled equity owners.
  • Closing expected July 6, 2026, subject to customary conditions.


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