Forgent Power Solutions Inc Ordinary Shares - Class A

Options market data show that Forgent Power Solutions' stock is being priced for an implied move of around 15% after the results release on Sept. 15. The company will release the figures before the market opens. In the last two reports the actual price movement differed noticeably from the implied volatility (May 14: implied 9.7% vs. actual move 17.6%; March 16: implied 13.3% vs. actual move 9.2%). » Więcej na de.investing.com

Forgent Power Solutions has completed a public placement of a total of 43,650,000 common shares; 29,094,075 shares were sold by selling shareholders controlled by Neos Partners and 14,555,925 shares were sold by Forgent itself. The offering price was $49.00 per share; the company received no proceeds from the sale by the selling shareholders. Forgent will use the net proceeds from the sale of its own shares to repurchase interests in an operating subsidiary held by existing Neos-controlled shareholders, and the offering expenses will be borne or reimbursed by the subsidiary. » Więcej na de.investing.com

Forgent Power Solutions announced a placement of more than 43.6 million Class A shares at $49.00 each, representing a significant discount to the previous closing price and setting a lower reference level. The transaction is combined primary/secondary: Forgent will issue about 14.6 million new shares to repay stakes in operating subsidiaries, and about 29.1 million shares will be sold by Neos-controlled parent companies; syndicate banks have a 30-day option for up to 6.5 million additional shares. It is the third capital measure since the IPO in February 2026 and signals ongoing monetization pressure from Neos Partners, which, together with a cautious macroeconomic backdrop, is weighing on the share price; the stock traded premarket at $48.63 versus an opening price of $54.22. » Więcej na de.investing.com