---
title: "Forgent Power Solutions Completes IPO and NYSE Listing"
description: "Forgent Power Solutions, Inc. has successfully completed its IPO, pricing 56 million Class A shares at $27 each, with trading commencing on the NYSE under the ticker FPS on February 5, 2026. The IPO i"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/275459953.md"
published_at: "2026-02-10T12:35:07.000Z"
---

# Forgent Power Solutions Completes IPO and NYSE Listing

> Forgent Power Solutions, Inc. has successfully completed its IPO, pricing 56 million Class A shares at $27 each, with trading commencing on the NYSE under the ticker FPS on February 5, 2026. The IPO included shares sold by both the company and stockholders, with proceeds aimed at redeeming interests in an operating subsidiary. The company has established a governance framework typical of newly listed firms, including an expanded board and a new equity incentive plan. Forgent specializes in engineered electrical distribution equipment for data centers and industrial facilities, positioning itself for growth in infrastructure and digitalization trends.

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Forgent Power Solutions, Inc. Class A ( (FPS) ) has issued an update.

On February 4, 2026, Forgent Power Solutions, Inc. priced its initial public offering of 56,000,000 Class A shares at $27.00 each, with 16,586,427 shares sold by the company and 39,413,573 by selling stockholders, and its stock began trading on the New York Stock Exchange on February 5 under the ticker FPS. The company and selling stockholders later completed the IPO closing on February 6 and an 8,400,000-share overallotment on February 9, while proceeds to Forgent are earmarked to redeem interests in an operating subsidiary rather than fund new operations.

In connection with the IPO, Forgent executed a suite of governance and financing agreements, including underwriting, tax receivable, registration rights, operating LLC, stockholders and redemption agreements that formalize its post-IPO corporate and capital structure. Effective February 4, 2026, the company also implemented an amended charter and bylaws authorizing multiple share classes, appointed an expanded eight-member board with fully constituted audit, compensation and nominating committees, and adopted a 2026 equity incentive plan, collectively establishing the governance and equity framework typical of a newly listed public company.

**More about Forgent Power Solutions, Inc. Class A**

Forgent Power Solutions, Inc. is a leading U.S. designer and manufacturer of engineered-to-order electrical distribution equipment used in data centers, the power grid and energy-intensive industrial facilities. The company focuses on highly customized, technically demanding powertrain solutions and positions itself as one of a small group able to supply a full suite of electrical distribution gear with short lead times for large data centers and manufacturing customers.

This specialization places Forgent at the intersection of data center build-out, grid modernization and heavy industrial power needs, giving it exposure to long-term infrastructure and digitalization trends. Its capability to deliver fully customized systems across an entire facility’s powertrain differentiates it in a fragmented industrial equipment market and may support pricing power and recurring project demand.

**Average Trading Volume:** 17,216,541

### Related Stocks

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.