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Stock impact report

Legacy Education Inc. Announces Pricing of Initial Public Offering

Legacy Education Inc. (LGCY) 
Last legacy education inc. earnings: 5/9 07:32 pm Check Earnings Report
US:NASDAQ Investor Relations: legacylp.com/home
Company Research Source: GlobeNewswire
Temecula, California, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Legacy Education Inc. (“Legacy Education” or the “Company”) (NYSE American: LGCY), a for-profit post-secondary education company offering a wide range of education programs and services to help students achieve their professional goals, today announced the pricing of its initial public offering (the “Offering”) of 2,500,000 shares of common stock at a price to the public of $4.00 per share, for gross proceeds of $10 million, before deducting underwriting discounts and offering expenses. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 375,000 shares of common stock from the Company to cover any over-allotments at the public offering price, less the underwriting discount. The Company intends to use the net proceeds of the Offering for investments at our facilities, for the development of new programs, and for other general working capital purposes. The shares of common stoc Show less Read more
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