Company: LGN
Filing Date: 2025-08-15
Form Type: S-1
Source: 0001193125-25-181698
Chunk: 2

Company: Legence Corp.
Filing Date: 2025-08-15
Form: S-1
Chunk 2
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.” The initial public offering price per share of the Class A common stock is estimated to be between $ and $ . We will have two classes of common stock outstanding after this offering: Class A common stock and Class B common stock, par value $0.01 per share. Holders of shares of our Class A common stock and Class B common stock are entitled to one vote for each share of Class A common stock and Class B common stock, respectively, held of record on all matters on which stockholders are entitled to vote generally. See “Description of Capital Stock.” Upon consummation of this offering and the application of proceeds therefrom, our principal asset will consist of our ownership of LGN Units (as defined below), which we will acquire from Legence Holdings (as defined below) with the net proceeds from this offering, collectively representing an aggregate % economic interest in Legence Holdings. The remaining % economic interest in Legence Holdings will be owned by the Existing Owners (as defined below) through their ownership of LGN Units. After the completion of this offering, a group of investment funds managed by Blackstone Inc. will beneficially own approximately % of the combined voting power of our Class A common stock and Class B common stock. As a result, we will be a “controlled company” within the meaning of the Nasdaq rules. See “Management—Status as a Controlled Company.” Investing in our Class A common stock involves risks, including those described under “ Risk Factors” beginning on page 22 of this prospectus.

|                                  |     | Per share |     | Total |
|:---------------------------------|:----|:----------|:----|:------|
| Price to the public              |     | $         |     | $     |
| Underwriting discounts and       
 commissions(1)                   |     | $         |     | $     |
| Proceeds to us (before expenses) |     | $         |     | $     |

| (1) | We refer you to “Underwriting (Conflicts of Interest)” beginning on page 177 of this 
 prospectus for additional information regarding underwriting compensation.           |

At our request, the underwriters have reserved up to % of the shares of Class A common stock offered by this prospectus for sale, at the initial public offering price, to certain individuals associated with us. See “Underwriting (Conflicts of Interest)—Directed Share Program.” We and the selling stockholder (as defined below) have granted the underwriters the option for a period of