ITT Announces Pricing of Underwritten Public Offering of Common Stock

Core Viewpoint - ITT Inc. has announced a public offering of 7,000,000 shares of common stock at a price of $167.00 per share, with an additional option for underwriters to purchase up to 1,050,000 shares [1][2] Group 1: Offering Details - The estimated net proceeds from the offering are approximately $1.14 billion after deducting underwriting discounts and commissions, which will be used to fund a portion of the acquisition of SPX FLOW, Inc. [2] - The offering is expected to close on December 10, 2025, subject to customary closing conditions [1][2] - Goldman Sachs & Co. LLC and UBS Investment Bank are acting as lead book-running managers for the offering [3] Group 2: Regulatory Information - The offering is made pursuant to an automatic shelf registration statement filed with the U.S. Securities and Exchange Commission (SEC) [4] - The preliminary prospectus supplement and accompanying base prospectus have been filed with the SEC and are available on the SEC's website [4] Group 3: Company Overview - ITT is a diversified manufacturer of critical components and customized technology solutions for transportation, industrial, and energy markets [6] - The company is headquartered in Stamford, Connecticut, and operates in over 35 countries with sales in approximately 125 countries [6]