{"url_path":"/sec/fps/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 Unregistered Sales of Equity Securities and Use of Proceeds","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-14","source_url":"https://www.sec.gov/Archives/edgar/data/2080126/0002080126-26-000018-index.html","accession_number":"0002080126-26-000018","cik":"0002080126","ticker":"FPS","issuer_name":"Forgent Power Solutions, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/2080126/0002080126-26-000018-index.html","primary_entity_key":"0002080126","primary_entity_name":"Forgent Power Solutions, Inc."},"word_count":290,"has_tables":true,"body_markdown":"Item 2. Unregistered Sales of Equity Securities and Use of Proceeds\n\nUse of Proceeds from IPO of Common Stock\n\nOn February 6, 2026, Forgent Power Solutions, Inc. (the “Company”) completed its IPO of 19,074,391 shares of Class A common stock sold by the Company and 45,325,609 shares of Class A common stock sold by the Selling Stockholders, in each case, at a public offering price of $27.00 per share. From the IPO, the Company received $491.8 million in proceeds, net of underwriting discounts and commissions, which was used to indirectly purchase 19,074,391 capital ownership interests of Opco, and Opco utilized the net proceeds it received 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 Company did not receive any of the proceeds from the sale of Class A common stock by the Selling Stockholders.\n\nOn March 30, 2026, the Company completed a Follow-On Offering of 10,783,205 shares of Class A common stock offered by the Company and 23,716,795 shares of Class A common stock offered by the Selling Stockholders, including the exercise in full of the underwriters’ option to purchase additional shares, at a public offering price of $29.50 per share. From the Follow-On Offering, the Company received $308.6 million in proceeds, net of underwriting discounts and commissions, which was used to indirectly purchase 10,783,205 capital ownership interests of Opco, and Opco utilized the net proceeds it received from the sale of the Opco LLC Interests to us to redeem Opco LLC Interests from Forgent Parent II LP and Forgent Parent III LP. The Company did not receive any of the proceeds from the sale of Class A common stock by the Selling Stockholders."}