Forgent Power prices upsized secondary offering at USD 47 a share

Forgent Power Solutions

Forgent Power Solutions

FPS

0.00
  • Forgent Power Solutions priced an upsized follow-on offering of Class A common stock at USD 47 per share.
  • Deal includes 28,542,420 shares sold by Neos Partners-controlled selling stockholders, 13,737,580 new shares issued by Forgent.
  • 30-day option covers up to 4,227,261 additional selling stockholder shares, 2,114,739 additional company shares.
  • Company proceeds earmarked to redeem interests in an operating subsidiary held by certain 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 via Business Wire (Ref. ID: 20260528636840) on May 29, 2026, and is solely responsible for the information contained therein.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.