Legacy Education Inc. Amends Public Offering Registration

Ticker: LGCY · Form: S-1/A · Filed: Sep 11, 2024 · CIK: 1836754

Sentiment: neutral

Topics: sec-filing, s-1/a, registration

TL;DR

Legacy Education Inc. filed an S-1/A amendment, signaling ongoing public market activity.

AI Summary

Legacy Education Inc. filed an S-1/A amendment on September 10, 2024, for its registration statement. The company, incorporated in Nevada with its principal executive offices in Lancaster, CA, is in the educational services sector. This filing is an amendment to a previous registration, indicating ongoing efforts to go public or adjust existing public offerings.

Why It Matters

This S-1/A filing signifies Legacy Education Inc.'s continued pursuit of public market access or adjustments to its existing securities registration, which could impact its capital structure and future growth strategies.

Risk Assessment

Risk Level: medium — S-1/A filings are typically associated with companies seeking to raise capital or adjust their public offering status, which inherently carries market and execution risks.

Key Numbers

Key Players & Entities

FAQ

What is the primary purpose of this S-1/A filing for Legacy Education Inc.?

This S-1/A filing is an amendment to the Form S-1 Registration Statement, indicating adjustments or updates to the company's public offering registration.

When was this amendment filed with the SEC?

The amendment was filed with the Securities and Exchange Commission on September 10, 2024.

Where are Legacy Education Inc.'s principal executive offices located?

Legacy Education Inc.'s principal executive offices are located at 701 W Avenue K, Suite 123, Lancaster, CA 93534.

Who is listed as the Chief Executive Officer of Legacy Education Inc. in this filing?

LeeAnn Rohmann is listed as the Chief Executive Officer of Legacy Education Inc.

What is the Standard Industrial Classification (SIC) code for Legacy Education Inc.?

The SIC code for Legacy Education Inc. is 8200, which falls under SERVICES-EDUCATIONAL SERVICES.

Filing Stats: 4,364 words · 17 min read · ~15 pages · Grade level 14.3 · Accepted 2024-09-10 21:54:17

Key Financial Figures

Filing Documents

DILUTION

DILUTION 46 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 48

BUSINESS

BUSINESS 61 MANAGEMENT 87 EXECUTIVE AND DIRECTOR COMPENSATION 90 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS 96 SECURITY 97 DESCRIPTION OF SECURITIES 98 SHARES ELIGIBLE FOR FUTURE SALE 104 MATERIAL U.S. FEDERAL INCOME TAX CONSEQUENCES TO NON-U.S. HOLDERS OF OUR COMMON STOCK 106

UNDERWRITING

UNDERWRITING 110 LEGAL MATTERS 118 EXPERTS 118 WHERE YOU CAN FIND MORE INFORMATION 118 INDEX TO FINANCIAL STATEMENTS F-1 i ABOUT THIS PROSPECTUS In this prospectus, unless the context suggests otherwise, references to ‘‘Legacy Education Inc.,’’ ‘‘Legacy,’’ the ‘‘Company,’’ ‘‘we,’’ ‘‘us,’’ and ‘‘our’’ refer to Legacy Education Inc. and its predecessor, Legacy Education, L.L.C. Neither we nor the underwriters have authorized anyone to provide any information or to make any representations other than those contained in this prospectus or in any free writing prospectus prepared by or on behalf of us or to which we have referred you. We take no responsibility for, and can provide no assurance as to the reliability of, any other information that others may give to you. You should rely only on the information contained in this prospectus. No dealer, salesperson or other person is authorized to give information that is not contained in this prospectus. This prospectus is not an offer to sell nor is it seeking an offer to buy these securities in any jurisdiction where the offer or sale is not permitted. The information in this prospectus is accurate only as of the date of this prospectus, regardless of the time of delivery of this prospectus or of any sale of these securities. The information in this prospectus is accurate only as of the date of this prospectus, regardless of the time of the time of delivery of this prospectus or any sale of shares of our common stock. For investors outside the United States (“U.S.”): We and the underwriters have not done anything that would permit this offering or the possession or distribution of this prospectus in any jurisdiction where action for those purposes is required, other than in the U.S. Persons outside the U.S. who come into possession of this pros

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