Forgent Power Solutions, Inc. filed a Form S-1 registration statement for an initial public offering on 2026-01-09. It has amended it 2 times. It filed its final prospectus on 2026-07-02, at a public offering price of $29.50 per share. Each fact below is quoted from the filing named with it.
What the filings say
Listing
Our Class A common stock is listed on the New York Stock Exchange (the “NYSE”) under the symbol “FPS.” On July 1, 2026, the last reported sale price of our Class A common stock on the NYSE was $49.90 per share.From the 424B4 filed 2026-07-02
Shares offered
We are offering 16,586,427 shares of Class A common stock (as defined herein).From the 424B4 filed 2026-02-06
Offering price
On March 30, 2026, we completed a follow-on public offering (the “March Follow-On Offering”) of our Class A common stock consisting of (i) 23,716,795 shares of Class A common stock sold by Forgent Parent I LP and Forgent Parent IV LP and (ii) 10,783,205 shares of Class A common stock sold by us, in each case at a public offering price of $29.50 per share, less underwriting discounts and commissions.From the 424B4 filed 2026-07-02
Use of proceeds
We intend to use the net proceeds we receive from this offering to indirectly purchase 14,555,925 common units (“Opco LLC Interests”) of Forgent Power Solutions LLC (“Opco”) (or 16,739,335 Opco LLC Interests if the underwriters exercise in full their option to purchase additional shares of Class A common stock) from Opco, and Opco intends to use the net proceeds it receives from the sale of Opco LLC Interests to us to redeem Opco LLC Interests from Forgent Parent II LP and Forgent Parent III LP (the “Existing Opco LLC Owners”).From the 424B4 filed 2026-07-02
Revenue
Our revenues grew 86% from $515.6 million for the nine months ended March 31, 2025 to $958.4 million for the nine months ended March 31, 2026, and from March 31, 2026 to May 31, 2026, our Backlog increased approximately 20% from approximately $2.0 billion to approximately $2.4 billion.From the S-1 filed 2026-06-29
Net loss or income
For the six months ended December 31, 2025, we estimate that our net income will range from approximately $11.9 million to approximately $16.7 million, an increase of approximately $0.5 million or 3.9%, using the mid-point of the estimated net income range when compared with net income of $13.8 million for theFrom the S-1/A filed 2026-01-26
Timeline
| Filed | What it is | Filing |
|---|---|---|
| 2026-01-09 | Registration statement filed | S-1 |
| 2026-01-16 | Registration statement amended | S-1/A |
| 2026-01-26 | Registration statement amended | S-1/A |
| 2026-02-06 | Final prospectus filed: the offering is priced | 424B4 |
| 2026-03-24 | Registration statement filed | S-1 |
| 2026-03-30 | Final prospectus filed: the offering is priced | 424B4 |
| 2026-05-26 | Registration statement filed | S-1 |
| 2026-06-01 | Final prospectus filed: the offering is priced | 424B4 |
| 2026-06-29 | Registration statement filed | S-1 |
| 2026-07-02 | Final prospectus filed: the offering is priced | 424B4 |
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Where this comes from
A company that wants to sell shares to the public in the United States files a registration statement with the SEC: Form S-1 for a US company, Form F-1 for a foreign one. It amends that statement as the figures and terms are filled in, usually adding the expected price range shortly before the offering. Once the offering is priced it files its final prospectus under Rule 424(b)(4). A company that decides not to go ahead can ask for the registration statement to be withdrawn on Form RW.
Every row on this page is one of those filings, linked to the filing itself. The facts are the company's own sentences, quoted from the filing named beside each one and never reworded; where no filing states a fact in a sentence that can be read exactly, this page leaves it out. A filing is the company's statement of its plans and its figures, not a verification of them, and nothing here is investment advice.