What electrical equipment does Forgent Power Solutions make?

Forgent Power Solutions manufactures panel boards, switchboards, and power distribution units.

Where will Forgent Power Solutions list its shares?

Forgent Power Solutions plans to list its shares on the New York Stock Exchange (NYSE) under the symbol "FPS".

When are IPOs expected to gain momentum?

IPOs are anticipated to gain momentum in 2026 due to expected interest rate cuts and increased investor confidence.

Home / Business and Economy / Forgent Power Eyes IPO on NYSE

Forgent Power Eyes IPO on NYSE

10 Jan

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Summary

Forgent Power Solutions filed for a U.S. initial public offering on Friday.
The company manufactures electrical equipment for data centers and power grids.
The IPO is slated to list on the New York Stock Exchange under the symbol "FPS".

Forgent Power Solutions, a key manufacturer of electrical equipment, has officially filed for an initial public offering (IPO) in the United States this past Friday. The company specializes in producing essential components like panel boards, switchboards, and power distribution units, serving critical sectors including data centers and power grid infrastructure.

The filing indicates Forgent Power's intention to list its shares on the New York Stock Exchange, operating under the ticker symbol "FPS". This strategic move is supported by Goldman Sachs, Jefferies, and Morgan Stanley, who are serving as the lead underwriters for the offering.

This IPO is anticipated to be one of many in 2026. Experts predict a resurgence in public listings as expected interest rate cuts are poised to boost investor confidence and risk appetite, encouraging companies to tap into public markets.

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