Business Wire
29 May 2026, 03:39 UTC · 15h ago
Source · https://www.businesswire.com/news/home/20260528636840/en/Forgent-Power-Solutions-Announces-Pricing-of-Upsized-Public-Offering-of-Class-A-Common-Stock/
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Forgent Power Solutions is pricing an upsized public offering of 28,542,420 Class A common shares at $47.00 per share. — Public offerings typically create downward pressure on stock prices due to equity dilution and increased supply of shares in the market.
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The company is successfully raising capital through an upsized public offering.
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