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Stock impact report

Legence Announces Secondary Underwritten Public Offering of Class A Common Stock

Legence Corp. - Class A Common stock (LGN) 
Company Research Source: GlobeNewswire
SAN JOSE, Calif., Dec. 09, 2025 (GLOBE NEWSWIRE) -- Legence Corp. (Nasdaq: LGN) (“Legence” or the “Company”) today announced that selling stockholders affiliated with Blackstone Inc. (the “Selling Stockholders”) intend to offer and sell 7,000,000 shares of Legence’s Class A common stock, par value $0.01 (“Common Stock”) in a secondary underwritten public offering. In connection with the offering, the Selling Stockholders are expected to grant the underwriters a 30-day option to purchase up to an additional 1,050,000 shares of Common Stock on the same terms and conditions. Legence is not selling any shares of Common Stock in the offering and will not receive any proceeds from the sale of shares by the Selling Stockholders. Legence will bear the costs associated with the sale of such shares, other than the underwriting discounts and commissions. Goldman Sachs & Co. LLC and Jefferies are acting as joint lead book-running managers and Blackstone Capital Markets is acting as a co-manag Show less Read more
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