Company: LGN
Filing Date: 2025-07-15
Form Type: DRS/A
Source: 0000950123-25-006399
Chunk: 216

Company: Legence Corp.
Filing Date: 2025-07-15
Form: DRS/A
Chunk 216
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0 million, respectively, related to
contracts with entities associated with Legence Holdings and the Blackstone Fund.

A portion of the Company’s term loan is held by
entities associated with Legence Holdings and the Blackstone Fund. See “Note 17—Related Party Transactions” and “Note 9—Debt” in the Notes to Consolidated Financial Statements for additional information.

Offering Proceeds

If the underwriters
exercise their option to purchase additional shares in full, the additional net proceeds to us and to Aggregator II will be approximately $ million and $ million, respectively (in each case, 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. While Aggregator II will retain proceeds received as
consideration for any such additional shares sold by it, 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. After giving effect to the Corporate Reorganization and the offering contemplated by this prospectus, Aggregator I will own an approximate %
economic interest in Legence Holdings (or % if the underwriters’ option to purchase additional shares is exercised in full and after giving effect to the application of the net proceeds therefrom).

Legence Holdings LLC Agreement

Legence,
the Pubco Subsidiaries and Aggregator I, as the members of Legence Holdings, will hold the LGN Units and their interests therein and rights as members will be governed by the Legence Holdings LLC Agreement. After giving effect to the Corporate
Reorganization and the offering contemplated by this prospectus, Aggregator I will own an approximate % economic interest in Legence Holdings (or % if the underwriters’ option to purchase additional shares is exercised in full and
after giving effect to the application of the net proceeds therefrom). Under the Legence Holdings LLC Agreement, we will have the right, as managing member of Legence Holdings, to determine when distributions will be made to the holders of LGN