03:24 AM EDT, 05/29/2026 (MT Newswires) -- Forgent Power Solutions ( FPS ) said Thursday it priced its expanded public offering of Class A common stock at $47 per share.

The equity sale consists of roughly 13.7 million shares from the company and around 28.5 million shares from parent companies, the company said.

Underwriters maintain a 30-day option to buy up to an additional approximately 2.1 million corporate shares, and over 4.2 million investor shares, Forgent Power Solutions ( FPS ) said.

The company will use its portion of the proceeds to buy back stakes in an operating unit from its controlling stakeholders, and the public offering is projected to close June 1, it added.