05:58 PM EDT, 09/15/2025 (MT Newswires) -- Legence ( LGN ) said late Monday it has closed its initial public offering of 26 million shares of its Class A common stock, at a price of $28 per share, to raise around $780.2 million in net proceeds.

The company intends to partially use the proceeds for the repayment of a portion of its outstanding debt and also for general corporate purposes.

The common stock of the company started trading on Nasdaq on Friday.