06:03 PM EDT, 03/24/2026 (MT Newswires) -- Forgent Power Solutions ( FPS ) said late Tuesday it plans a public offering of its class A common stock.

The offering includes about 20.7 million class A shares to be sold by parent entities controlled by Neos Partners and 9.3 million class A shares to be sold by the company.

The selling stockholders and Forgent may grant the underwriters a 30-day option to buy up to an additional 3.1 million shares and 1.4 million shares, respectively, of class A common stock at the public offering price, minus underwriting discounts and commissions.

Forgent said it will not receive any proceeds from the sale of shares by the selling stockholders. Net proceeds from the sale of its own shares will be used to redeem interests in an operating subsidiary held by some existing equity owners controlled by Neos Partners.