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Legence Corp. Class A ( (LGN) ) just unveiled an announcement.
Legence Corp. completed its initial public offering (IPO) of Class A common stock on September 15, 2025, issuing 26,000,000 shares at $28.00 per share. The company also entered into several key agreements, including an Underwriting Agreement and a Tax Receivable Agreement, to facilitate the offering and corporate reorganization. Additionally, new board members were appointed, and the company adopted the 2025 Omnibus Incentive Plan to grant stock options and restricted stock units to employees. The proceeds from the offering were used to repay borrowings under the company’s credit agreement.
More about Legence Corp. Class A
Average Trading Volume: 9,811,560
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