Company: LGN
Filing Date: 2025-08-25
Form Type: S-1/A
Source: 0001193125-25-186788
Chunk: 23

Company: Legence Corp.
Filing Date: 2025-08-25
Form: S-1/A
Chunk 23
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 the underwriters’                                                                                                       
 option to purchase additional shares) to Legence Holdings in exchange for LGN Units. Legence Holdings intends to use such net proceeds from this offering for the repayment of outstanding borrowings under our Term Loan |

11

Credit Facility and the remaining proceeds for general corporate purposes.

| If the underwriters exercise their option to purchase additional shares of Class A Common Stock in full, the additional net proceeds to us will be approximately $   million (based on an assumed initial                                           
 offering price of $   per share, which is the midpoint of the price range set forth on the cover page of this prospectus), after deducting underwriting discounts and commissions. We intend to contribute the net proceeds received from the       
 sale of any additional shares by us to Legence Holdings in exchange for additional LGN Units being issued to Legence Sub, and Legence Holdings will use such net proceeds to purchase LGN Units, together with an equal number of shares of Class B 
 Common Stock, from Legence Parent at a purchase price per LGN Unit and share of Class B Common Stock equal to the public offering price per share of Class A Common Stock in this offering, net of underwriting discounts and commissions.          |

| We will not receive any proceeds from the sale of additional shares in this offering by the selling stockholder. |

| The section titled “Use of Proceeds” contains additional information regarding our intended use of proceeds from this offering. |

| Voting power of Class A Common Stock after giving effect to this offering | % (or 100% if all outstanding LGN Units held by the LGN Unit Holders are exchanged, along with a corresponding number of shares of our Class B Common Stock, for newly issued shares of Class A Common Stock on 
 a one-for-one basis).                                                                                                                                                                                           |

| Voting power of Class B Common Stock after giving effect to this offering | % (or 0% if all outstanding LGN Units held by the LGN Unit Holders are exchanged, along with a corresponding number of shares of our Class B Common Stock, for newly issued shares of Class A Common Stock on a one-for-one basis). |

| Voting rights | The Existing Owners will hold all of the outstanding shares of our Class B Common Stock. Each share of Class B Common Stock will                                                                                                               
 entitle its holder to one vote on all matters to be voted on by stockholders generally. After giving effect to the shares issued pursuant to this offering, the Existing Owners will hold in the