Forgent, Backer Offer Stock After Price Doubles Since IPO

Forgent Power Solutions Inc. signage during the company's initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) in New York, US, on Thursday, Feb. 5, 2026. Shares of electrical equipment company Forgent Power Solutions Inc. are indicated to open at $27.50 to $28.50 each, as much as 5.6% above their IPO price of $27.