Company: LGN
Filing Date: 2025-12-09
Form Type: S-1
Source: 0001193125-25-312729
Chunk: 21

Company: Legence Corp.
Filing Date: 2025-12-09
Form: S-1
Chunk 21
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 offering by the selling stockholders. See “Use of Proceeds.” |

| Dividend policy | Our board of directors may elect to declare cash dividends on our Class A Common Stock, subject to our compliance with applicable law, and depending on, among other things, economic conditions, our financial condition, results of                    
 operations, projections, liquidity, earnings, legal requirements and restrictions in the agreements governing our indebtedness (as further discussed below). The payment of any future dividends will be at the discretion of our board of directors. We 
 have not adopted, and do not currently expect to adopt, a written dividend policy. The section titled “Dividend Policy” contains more information.                                                                                                       |

| Lock-up release | In connection with this offering, Goldman Sachs & Co. LLC and Jefferies LLC, as representatives of the several underwriters in the IPO, have agreed to release, with respect to this offering, the 
 lock-up restrictions applicable to the Company and the selling stockholders pursuant to agreements entered into in connection with the IPO. See “Underwriting (Conflicts of Interest).”            |

| Material tax consequences | For a discussion of material U.S. federal income tax consequences that may be relevant to prospective non-U.S. holders, please see the section entitled “Material U.S. Federal Income Tax 
 Considerations for Non-U.S. Holders.”                                                                                                                                                     |

| Listing | Our Class A Common Stock is listed on the Nasdaq under the symbol “LGN.” |

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| Risk factors | You should carefully read and consider the information set forth under the heading “Risk Factors” beginning on page 18 of this prospectus before deciding to invest in our Class A Common Stock. |

| Transfer agent | Equiniti Trust Company, LLC. |

| Conflicts of Interest | Certain of the underwriters and/or their affiliates act as agents or lenders under margin loans with the selling stockholders, which may be paid down with some or all of the net proceeds of this offering. Any such underwriter that, together with    
 its affiliates and associated persons, receives at least 5% of the net proceeds of this offering will be deemed to have a “conflict of interest” under Financial Industry Regulatory Authority (“FINRA”) Rule 5121. Further,                             
 because certain affiliates of Blackstone Securities Partners L.P., an underwriter in this offering, own in excess of 10% of the outstanding LGN Units, Blackstone Securities Partners L.P. is deemed to have a “conflict of interest” under