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Forgent Power Solutions closes $47 follow-on offering of 15,852,319 Class A shares

PUBT·06/01/2026 20:05:49
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Forgent Power Solutions closes $47 follow-on offering of 15,852,319 Class A shares
  • Forgent Power Solutions closed a follow-on offering of Class A common stock priced at USD 47 per share.
  • Total deal size 48,622,000 shares, including full exercise of the underwriters’ option for additional shares.
  • Selling stockholders sold 32,770,000 shares; the company sold 15,852,000 shares.
  • Net proceeds to Forgent used to redeem interests in an operating subsidiary held by equity owners controlled by Neos Partners.
  • Goldman Sachs, Jefferies, Morgan Stanley led the offering.


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: 20260601414046) on June 01, 2026, and is solely responsible for the information contained therein.