Every 424B that Forgent Power Solutions, Inc. (FPS) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow FPS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FPS filings page.
Forgent Power Solutions, Inc. is registering 43,650,000 shares of Class A common stock, consisting of 29,094,075 shares to be sold by existing selling stockholders and 14,555,925 shares to be sold by the company. The prospectus states the company will use the net proceeds it receives to purchase Opco LLC Interests of Forgent Power Solutions LLC, while the selling stockholders will receive proceeds from their sales. The offering price shown on the cover is $49.00 per share and the underwriters have an option to purchase additional shares. The filing reiterates the company’s Up-C structure, the existence of a Tax Receivable Agreement obligating the company to make substantial payments to TRA participants, and discloses continuing control by Neos-affiliated holders that will cease to be a "controlled company" if the offering sells out.
Forgent Power Solutions is registering 42,280,000 shares of Class A common stock. This prospectus covers 28,542,420 shares offered by selling stockholders Forgent Parent I LP and Forgent Parent IV LP (collectively) and 13,737,580 shares being sold by the company. The public offering price is $47.00 per share, with expected gross proceeds to the company of $627,910,438 and to the selling stockholders of $1,304,602,662 before expenses. The company will use its net proceeds to purchase Opco LLC Interests and Opco will use proceeds to redeem certain existing Opco owners; the selling stockholders' proceeds go solely to them. The prospectus describes the company’s Up-C structure, the Tax Receivable Agreement (under which the company must pay 85% of certain tax benefits to TRA participants), and notes the company is a NYSE-listed, controlled company with principal markets in Data Center, Grid and Industrial.
Forgent Power Solutions, Inc. is offering a total of 30,000,000 shares of Class A common stock, comprising 20,688,874 shares being sold by existing selling stockholders and 9,311,126 shares being offered by the company.
At a public offering price of $29.50 per share, gross proceeds to the company from its portion are $266,437,870, and the selling stockholders’ share of proceeds is $592,012,130. The company intends to use its net proceeds to purchase Opco LLC Interests and Opco intends to use proceeds to redeem interests from certain existing Opco owners. The Tax Receivable Agreement requires the company to pay 85% of certain tax savings and the prospectus estimates aggregate TRA payments could be approximately $559.5M over fifteen years under stated assumptions.
Forgent Power Solutions, Inc. is offering 56,000,000 shares of Class A common stock at $27.00 per share in its initial public offering, including 16,586,427 new shares from the company and 39,413,573 shares from selling stockholders. The company expects gross proceeds to itself of about $447.7 million if the underwriters’ option is fully exercised, and selling holders would receive over $1.0 billion.
Forgent will use its net proceeds to buy Opco LLC Interests from its operating partnership, which will redeem interests from existing owners, in an "Up‑C" structure that leaves legacy owners with most economic and voting power. The company will own about 75.83% of Opco after the deal and will be a NYSE "controlled company".
Forgent designs and manufactures electrical distribution equipment for data centers, the grid and industrial facilities. Revenue grew 56% to $753.2 million in fiscal 2025 and backlog reached $1,027.1 million as of September 30, 2025. Preliminary results for the six months ended December 31, 2025 show revenues of $565.0–$580.0 million and Adjusted EBITDA of $123.0–$126.0 million, with backlog of $1,493.1 million and total debt of $583.5 million.