Transaction Information
Legacy Education Inc. ("Legacy Education" or the "Company") (NYSE American: LGCY) announced the closing of its initial public offering (the "Offering") of 2,875,000 shares of common stock, which includes 375,000 shares of common stock issued pursuant to the exercise by the underwriters of their over-allotment option, at a price to the public of $4.00 per share, for aggregate gross proceeds of $11.5 million, before deducting underwriting discounts and offering expenses.
The shares of common stock began trading on the NYSE American on September 26, 2024, under the symbol "LGCY."
Ladenburg Thalmann acted as lead manager for the Offering.
About Legacy Education
Legacy Education (NYSE: LGCY) is an award-winning, nationally accredited, for-profit post-secondary education company founded in 2009. Legacy Education provides career-focused education primarily in the healthcare field, with degrees for nursing, medical technicians, dental assisting, business administrative, and several others. The company offers a wide range of educational programs and services to help students achieve their professional goals. Legacy Education's focus is on providing high-quality education that is accessible and affordable. Legacy Education is committed to growing education footprint via organic enrollment growth, addition of new programs and accretive acquisitions. For more information, please visit www.legacyed.com or on LinkedIn @legacy-education-inc.
The information and material presented is provided for informational purposes only and are not to be used or considered as an offer or the solicitation of an offer to sell or buy any securities mentioned herein.