Company: LGN
Filing Date: 2025-04-30
Form Type: DRS/A
Source: 0000950123-25-003868
Chunk: 105

Company: Legence Corp.
Filing Date: 2025-04-30
Form: DRS/A
Chunk 105
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 our adjusted pro forma net tangible book value as of December 31, 2024 would have been approximately $ million, or $ per share. This represents an immediate increase in the net tangible book value of $ per share to our existing stockholders and an immediate dilution (i.e., the difference between the offering price and the adjusted pro forma net tangible book value after this offering) to new investors purchasing shares in this offering of $ per share. The following table illustrates the per share dilution to new investors purchasing shares in this offering (assuming that 100% of our LGN Units have been exchanged for Class A Common Stock and the cancellation of the corresponding shares of Class B Common Stock pursuant to the Legence Holdings LLC Agreement):

| Initial public offering price per share                                                      
 Pro forma net tangible book value per share as of December 31, 2024 (after giving effect to  
 the Corporate Reorganization)                                                                |     |   |
|:---------------------------------------------------------------------------------------------|:----|:--|
| Increase in pro forma net tangible book value per share of Class A Common Stock attributable 
 to investors in this offering                                                                |     | $ |
| As adjusted pro forma net tangible book value per share of Class A Common Stock after the    
 Corporate Reorganization and this offering                                                   |     | $ |
| Dilution in pro forma net tangible book value per share of Class A Common Stock to investors 
 in this offering                                                                             |     | $ |

If the underwriters exercise in full their option to purchase additional shares of Class A Common Stock from us and additional shares of Class A Common Stock from the selling stockholder, the adjusted pro forma net tangible book value after this offering would be $ per share, the increase in pro forma net tangible book value per share attributable to investors in this offering would be $ per share and the dilution to new investors would be $ per share. A $1.00 change in the assumed initial public offering price of $ per share, which is the midpoint of the estimated offering price range set forth on the cover page of this prospectus, would change our as adjusted pro forma net tangible book value per share after the offering by $ and change the dilution to new investors in this offering by $ per share, assuming the number of shares offered by us, as set forth on the cover page of this prospectus, remains the same, after deducting the estimated underwriting discounts and commissions and estimated offering expenses payable by us. 67

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