05:08 PM EST, 12/10/2025 (MT Newswires) -- ITT (ITT) said late Wednesday it closed a public offering of nearly 8.1 million common shares at $167 each for net proceeds of about $1.31 billion.

The offering comprised the full exercise of an overallotment option by underwriters to buy nearly an additional 1.1 million shares, the company said.

Net proceeds will be used to fund a portion of the acquisition of SPX Flow, or for general corporate purposes if the deal does not close, the company said.