SPX Technologies raises ~$500M in underwritten public offering of 2.66M shares at $188/share

SPX Technologies, Inc.

Underwriting agreement signed Aug 12, 2025; offering closed Aug 14, 2025.
Gross proceeds approximately $500M from sale of 2,659,575 shares at $188 per share.
Underwriters granted 30-day option to purchase up to 398,936 additional shares.
No explicit use of proceeds stated in the filing.

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