Company: LGN
Filing Date: 2025-04-30
Form Type: DRS/A
Source: 0000950123-25-003868
Chunk: 206

Company: Legence Corp.
Filing Date: 2025-04-30
Form: DRS/A
Chunk 206
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 carrying amounts, as reflected in the historical financial statements of Legence Holdings. The Company will consolidate Legence Holdings on its consolidated financial statements and record a non-controllinginterest related to the LGN Units held by the LGN Unit Holders. The following diagram depicts our simplified ownership structure immediately following this offering and the transactions related thereto (assuming that the underwriters’ option to purchase additional shares is not exercised):

| (1) | Following the Corporate Reorganization, Blackstone and the Management Members will hold the outstanding                                                                                           
 membership interests of the Aggregators. Blackstone will serve as the managing member of each Aggregator and as a result, may be considered to beneficially own all of our securities held by the |

137

Confidential Treatment Requested by Legence Corp. Pursuant to 17 C.F.R. Section 200.83

| 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 additional shares of Class A Common Stock from us and additional shares of Class A Common Stock from the selling stockholder. 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 Aggregator I 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 by the selling stockholder. Offering Only Class A Common Stock will be sold to investors pursuant to this offering. Immediately following this offering, there will be shares of Class A Common Stock issued and outstanding and shares of Class A Common Stock reserved for exchanges of LGN Units (and the cancellation of the corresponding shares of Class B Common Stock pursuant to the Legence Holdings LLC Agreement). We estimate that our net proceeds from this offering, after deducting estimated underwriting discounts and commissions and other offering-related expenses, will be approximately $ million. We intend to contribute all of the net proceeds of this offering (not including the exercise of the underwriters’ option to purchase additional shares) to Legence Holdings in exchange for LG