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Legacy Housing Prices IPO

Legacy Housing Corporation

Olshan Frome Wolosky acted as counsel to Legacy Housing Corporation in the initial public offering of an aggregate of 4,000,000 shares of its common stock at a public offering price of $12.00 per share. Legacy Housing is the fourth largest producer of manufactured homes in the United States and a recognized leader and innovator in the manufactured housing industry. Shares of the company are trading on The NASDAQ Global Select Market under the symbol “LEGH.”  The offering was made through an underwriting group led by B. Riley FBR, Inc., Oak Ridge Financial and National Securities Corporation.

The Olshan Frome Wolosky team was led by corporate partner Spencer G. Feldman. This transaction marked the third transaction with the firm for client Legacy Housing, which originally retained Steve Wolosky for an activist campaign in 2009.  

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