Company: LGN
Filing Date: 2025-08-25
Form Type: S-1/A
Source: 0001193125-25-186788
Chunk: 95

Company: Legence Corp.
Filing Date: 2025-08-25
Form: S-1/A
Chunk 95
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 an option to purchase within 30 days from the date of this prospectus, at the initial public offering
price, to certain of our directors and officers and certain other parties related to us, under the directed share program. Participants in the directed share program will not be subject to the terms of any lock-up agreement with respect to any
shares purchased through the directed share program, except in the case of shares purchased by any of our directors or executive officers. Future sales of such shares may cause the price of our Class A Common Stock to be reduced or become more
volatile. See “Underwriting (Conflicts of Interest)—Directed Share Program.” After the completion of this offering, certain of our Existing Owners will own shares of our Class B Common Stock or
approximately % of our total outstanding shares of Common Stock, all of which are restricted from immediate resale under the federal securities laws and are subject to the lock-up agreements
with the underwriters described in “Underwriting (Conflicts of Interest)” but may be sold into the market in the future. See “Shares Eligible for Future Sale.” Subject to certain limitations and exceptions, certain of our
Existing Owners may exchange their LGN Units (together with shares of Class B Common Stock) for shares of Class A Common Stock (on a one-for-one basis, subject
to conversion rate adjustments for stock splits, stock dividends and reclassification and other similar transactions) and then sell those shares of Class A Common Stock. Certain of our Existing Owners (or their designees) will be party to a
registration rights agreement (as described in “Certain Relationships and Related Party Transactions—Registration Rights Agreement”), which, among other things, requires us, in certain circumstances, to register shares of
Class A Common Stock (including shares of Class A Common Stock into which LGN Units are redeemable) no earlier than the expiration of the lock-up period contained in the underwriting
agreement entered into in connection with this offering.

In connection with this offering, we intend to file a registration
statement with the SEC on Form S-8 providing for the registration of shares of our Class A Common Stock issued or reserved for issuance under our equity incentive plan. Subject to the satisfaction of
vesting conditions, the expiration of lock-up agreements and the requirements of Rule 144 under the Securities Act (“Rule 144”), shares registered under the registration statement on Form S-8 will be available for resale immediately in the public market without restriction.

We cannot predict the size of future issuances of our Class A