Company: LGN
Filing Date: 2025-09-02
Form Type: S-1/A
Source: 0001193125-25-193346
Chunk: 19

Company: Legence Corp.
Filing Date: 2025-09-02
Form: S-1/A
Chunk 19
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 of our securities held by the Aggregators. The Management Members include Jeffrey 
 Sprau, Stephen Butz, Gregory Barnes and Bryce Seki, in addition to other employees of Legence Parent.                                                                                                                                                 |

We and the selling stockholder have granted the underwriters a 30-dayoption to purchase up to 3,157,808 additional shares of Class A Common Stock from us and 742,192 additional shares of Class A Common Stock from the selling stockholder. 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 $80.6 million (based on an assumed initial offering price of $27.00 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 $80.6 million of net proceeds received by us from the exercise of the option to Legence Holdings, in exchange for additional LGN Units being issued to Legence Sub. Legence Holdings will use (i) approximately $30.8 million of 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 and (ii) approximately $49.8 million of such net proceeds to repay additional outstanding borrowings under the Term Loan Credit Facility. We will not receive any proceeds from the sale of additional shares in this offering by the selling stockholder.

9

Principal Stockholders

Following the completion of this offering and our Corporate Reorganization, Blackstone and the Management Members will in the aggregate own
<1% of our Class A Common Stock (<1% if the underwriters’ option to purchase additional shares is exercised in full and after giving effect to the application of the net proceeds therefrom) and 100% of our Class B Common Stock
through Legence Parent and 52% of our Class A Common Stock through Legence Parent II (48% if the underwriters’ option to purchase additional shares is exercised in full and after giving effect to the application of the net proceeds
therefrom), representing, in the aggregate, approximately 29% of our total voting power (27% if the underwriters’ option to purchase additional shares is exercised in full and after giving effect to the