Legence Announces Closing of Initial Public Offering and Partial Exercise of Overallotment Option
Legence Corp. - Class A Common stock (LGN)
Company Research
Source: GlobeNewswire
SAN JOSE, Calif., Sept. 15, 2025 (GLOBE NEWSWIRE) -- Legence Corp. (“Legence”) announced today the closing of its initial public offering (the “offering”) of 26,000,000 shares of its Class A common stock (the “Common Stock”) at a price to the public of $28.00 per share. In addition, the underwriters partially exercised their option and purchased 3,487,627 additional shares of Common Stock. The Common Stock began trading on the Nasdaq Global Select Market (“Nasdaq”) on September 12, 2025 under the ticker symbol “LGN.” Legence received net proceeds of approximately $780.2 million, after deducting underwriting discounts and commissions. Legence intends to use such net proceeds for the repayment of a portion of outstanding borrowings under its term loan credit facility and for general corporate purposes. Goldman Sachs & Co. LLC and Jefferies acted as joint lead book-running managers for the offering. BofA Securities, Barclays, Morgan Stanley, RBC Capital Markets, SOCIETE GENERALE, BMO
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LGN
Earnings
- 11/14/25 - Miss
LGN
Sec Filings
- 12/5/25 - Form 8-K
- 11/21/25 - Form 8-K
- 11/14/25 - Form 10-Q
- LGN's page on the SEC website