07:32 AM EDT, 03/27/2026 (MT Newswires) -- Forgent Power Solutions ( FPS ) said Friday it priced a public offering of 30 million Class A shares at $29.50 per share, including 9.31 million shares sold by the company and 20.69 million shares sold by entities controlled by Neos Partners.

The company and the selling stockholders have granted underwriters a 30-day option to buy up to about 4.5 million additional shares.

Forgent said it will not receive proceeds from shares sold by the selling stockholders. Net proceeds from its portion will be used to redeem interests in an operating subsidiary held by equity owners affiliated with Neos Partners, it added.

The offering is expected to close on March 30.