ITT raises ~$1.31B net in 7M-share offering at $167/share for SPX FLOW acquisition

ITT INC.

Sold 7M shares at $167.00 each; underwriters' 1.05M-share option exercised in full.
Net proceeds ~$1.31B after discounts and expenses; offering closed Dec 10, 2025.
Proceeds to fund portion of previously announced acquisition of SPX FLOW business.
If acquisition not consummated, proceeds used for general corporate purposes.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

ITT INC. entered into Underwriting Agreement with Goldman Sachs & Co. LLC and UBS Securities LLC, as representatives of the several underwriters valued at approximately $1.31 billion (effective 2025-12-08).

Action: entry
Agreement: underwriting
Counterparty: Goldman Sachs & Co. LLC and UBS Securities LLC, as representatives of the several underwriters
Value: approximately $1.31 billion
Effective: 2025-12-08

Exact text from the filing

On December 8, 2025, ITT Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Goldman Sachs & Co. LLC and UBS Securities LLC, as representatives of the several underwriters named in Schedule I thereto (the “Underwriters”), pursuant to which the Company agreed to sell 7,000,000 shares of the Company’s common stock, par value $1.00 per share (“Common Stock”), at a public offering price of $167.00 per share (the “Offering”).

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ITT INC. filing history →

Source: SEC EDGAR

accession 0000216228-25-000067

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