Company: LGN
Filing Date: 2025-08-25
Form Type: S-1/A
Source: 0001193125-25-186788
Chunk: 102

Company: Legence Corp.
Filing Date: 2025-08-25
Form: S-1/A
Chunk 102
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) one-month SOFR plus 1.00%. Interest on base rate loans is payable quarterly. The interest rate
applicable to the term loans was 7.58%, 7.96%, 8.96%, and 8.13% as of June 30, 2025, December 31, 2024, December 31, 2023 and December 31, 2022, respectively.

See the section entitled “Management’s Discussion and Analysis of Financial Condition and Results of Operations—Liquidity
and Capital Resources—Debt.”

Assuming no exercise of the underwriters’ option to purchase additional shares, a $1.00
change in the assumed initial public offering price of $ per share (the midpoint of the price range set forth on the cover of this prospectus) would cause the net proceeds from this offering, after deducting the
underwriting discounts and commissions and estimated offering expenses, received by us to change by $ million, assuming no change to the number of shares offered by us, as set forth on the cover page of this prospectus.
Similarly, a one million change in the number of shares sold in this offering by us would cause the net proceeds

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from this offering, after deducting the underwriting discounts and commissions and estimated offering expenses, received by us to change by $ million, assuming the
initial public offering price of $ per share, which is the midpoint of the estimated public offering price range set forth on the cover of this prospectus, remains the same. The information discussed above is illustrative
only and will adjust based on the actual initial public offering price and other terms of this offering determined at the time of the pricing of this offering.

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DIVIDEND POLICY

Following the completion of this offering, 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 Credit Agreement contains restrictions on the payment of dividends. Such restrictions allow us to pay dividends after the completion of
this offering only when certain conditions are met, including but not limited to compliance with certain dollar baskets