Forgent Power Solutions (FPS) said late Friday it has completed its initial public offering with shares priced at $27 apiece.
The IPO comprised roughly 39.4 million shares offered by existing shareholders and 16.6 million shares by the company, according to a statement.
The company debuted Thursday on the NYSE under the ticker FPS.
Shares of Forgent Power Solutions rose 1.4% in after-hours trading.
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