Forgent Power Files U.S. IPO Plan to Raise Up to $1.62 Billion
Forgent Power has filed to offer Class A common stock in the United States, aiming to raise as much as $1.62 billion. The company plans to list on the New York Stock Exchange as FPS. The proposed offering totals 56 million shares, with specific allocations from the company and selling shareholders. Forgent reported substantial revenue growth year o…