-+ 0.00%
-+ 0.00%
-+ 0.00%
Forgent Power Solutions prices upsized secondary offering at $49 per share
Share
Listen to the news
Forgent Power Solutions prices upsized secondary offering at $49 per share
  • Forgent Power Solutions priced an upsized public offering of Class A common stock at USD 49 per share.
  • Deal includes 14,555,925 new shares from Forgent, 29,094,075 secondary shares from Neos Partners-controlled selling stockholders.
  • 30-day greenshoe covers up to 2,183,410 primary shares, 4,364,090 secondary shares at the offering price, less underwriting discounts.
  • Net proceeds from the primary shares earmarked to redeem interests in an operating subsidiary held by Neos Partners-controlled equity owners.
  • Closing expected July 6, 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: 202607012135BIZWIRE_USPR_____20260701_BW640056) on July 02, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending