Forgent Power Solutions Announces Pricing of Upsized Public Offering of Class A Common Stock
Forgent Power Solutions priced an upsized public offering at $47.00 per share, consisting of 13.7 million primary shares and 28.5 million secondary shares sold by Neos Partners. The company will not receive proceeds from the secondary sale; net proceeds from its primary shares will be used to redeem interests in an operating subsidiary held by Neos-controlled entities.
Key figures
- Offering Price
- 47
- Primary shares
- 13737580
- Secondary shares
- 28542420
AI analysis
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