Forgent Power Solutions, Inc. (NYSE:FPS) ("Forgent" or the "Company"), a leading designer and manufacturer of electrical distribution equipment used in data centers, the power grid and energy-intensive industrial facilities, today announced a public offering of its Class A common stock. The offering consists of 23,741,398 shares of Class A common stock being offered by parent entities of the Company controlled by Neos Partners, LP (the "Selling Stockholders") and 11,258,602 shares of Class A common stock being offered by Forgent. In addition, the Selling Stockholders and the Company intend to grant the underwriters a 30-day option to purchase up to an additional 3,499,389 shares and 1,750,611 shares, respectively, of Class A common stock at the public offering price, less underwriting discounts and commissions.
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