Filing Analysis
Legacy Education Inc. has filed an 8-K to provide presentation materials regarding the company's operations and performance for use in future investor communications.
📋 Key Facts
- The filing is dated August 5, 2026.
- Management intends to use the attached Presentation Materials (Exhibit 99.1) from time to time to discuss company operations and performance.
- The materials are intended to be viewed in conjunction with official SEC filings.
Legacy Education Inc. announced its financial results for the fiscal quarter ended March 31, 2026. The results were disclosed via a press release furnished as an exhibit to the filing.
📋 Key Facts
- The filing reports financial results for the quarter ended March 31, 2026.
- The report was filed under Item 2.02 (Results of Operations and Financial Condition).
- The company is classified as an emerging growth company.
- The filing was signed by CEO LeeAnn Rohmann on May 14, 2026.
Legacy Education Inc. filed investor presentation materials on March 17, 2026, which management intends to use for upcoming presentations regarding the company's operations and performance.
📋 Key Facts
- The filing was made under Item 8.01 (Other Events) on March 17, 2026.
- The Presentation Materials are included as Exhibit 99.1.
- The company is classified as an emerging growth company and is listed on the NYSE American under the ticker LGCY.
- The materials provide summary information about operations and performance as of the filing date.
Legacy Education Inc. has filed an 8-K to provide presentation materials regarding the company's operations and performance for use in future investor communications.
📋 Key Facts
- The filing is under Item 8.01 (Other Events).
- Management intends to use the attached Presentation Materials (Exhibit 99.1) from time to time starting January 7, 2026.
- The materials provide summary information about company operations and performance.
Legacy Education Inc. held its 2025 annual meeting of shareholders on December 16, 2025. Shareholders re-elected six members to the Board of Directors and ratified the appointment of L J Soldinger Associates, LLC as the independent auditor for the fiscal year ending June 30, 2026.
🚩 Red Flags
- High number of Broker Non-Votes (2,301,600 shares) across all director elections, suggesting significant institutional or non-voting share concentration/abstention.
📋 Key Facts
- Annual Meeting held on December 16, 2025.
- Quorum consisted of 7,791,188 shares represented in person or by proxy.
- Six directors re-elected: LeeAnn Rohmann, Gerald Amato, Blaine Faulkner, Peggy Tiderman, Zwade J. Marshall, and Janis Paulson.
- L J Soldinger Associates, LLC ratified as independent registered public accounting firm for FY ending June 30, 2026.
- Proposal 1 (Director Election) passed with varying degrees of support; Zwade J. Marshall and Janis Paulson received the highest 'For' votes.
Legacy Education Inc. filed an 8-K to announce its financial results for the quarter ended September 30, 2025. The filing serves as a formal announcement of the earnings release dated November 13, 2025.
📋 Key Facts
- Reporting period: Quarter ended September 30, 2025.
- Announcement date: November 13, 2025.
- Filing date: November 14, 2025.
- The company is an emerging growth company.
Legacy Education Inc. has filed an 8-K to provide presentation materials regarding the company's operations and performance, intended for use in future investor communications.
📋 Key Facts
- The filing is under Item 8.01 (Other Events).
- Management intends to use Exhibit 99.1 (Presentation Materials) from time to time starting October 13, 2025.
- The materials provide summary information about the Company's operations and performance.
- The company disclaims any obligation to update these materials in the future.
Legacy Education Inc. filed an 8-K to announce the release of financial results for the quarter ended September 30, 2025. The filing serves as a formal notification that earnings data is being furnished via a press release.
📋 Key Facts
- Report date: September 25, 2025
- The company announced financial results for the quarter ending September 30, 2025
- Financial results were provided via Exhibit 99.1 (Press Release)
- Company is an emerging growth company as defined in Rule 405 of the Securities Act of 1933
Legacy Education Inc. expanded its Board of Directors from four to six members, appointing Zwade J. Marshall and Janis L. Paulson to new positions. Both individuals have been assigned leadership roles within the compensation, nominating, and audit committees.
📋 Key Facts
- Board size increased from 4 to 6 members on September 10, 2025.
- Zwade J. Marshall appointed as Chair of the Compensation Committee and member of Nominating and Corporate Governance Committee.
- Janis L. Paulson appointed as Chair of the Nominating and Corporate Governance Committee; also joined Audit and Compensation Committees.
- New directors' compensation will be consistent with other non-employee directors.
- No related party transactions reported for the new directors.
Legacy Education Inc. has filed an 8-K to provide presentation materials regarding the company's operations and performance. This is a standard disclosure of supplemental information intended for use in future investor communications.
📋 Key Facts
- The filing was made on May 19, 2025.
- Company intends to use Exhibit 99.1 (Presentation Materials) from time to time to discuss operations and performance.
- Management disclaims any obligation to update the presentation materials in the future.
Legacy Education Inc. filed an 8-K to announce its financial results for the quarter ended March 31, 2025. The filing serves as a formal announcement of earnings and includes a press release as Exhibit 99.1.
📋 Key Facts
- Reporting date: May 15, 2025
- Period covered: Quarter ended March 31, 2025
- The company is an emerging growth company.
- Financial results were announced via a press release furnished as Exhibit 99.1.
Legacy Education Inc. announced amendments to the CEO's employment agreement and a new employment agreement for its CFO, Brandon Pope. The filing details salary increases, bonus structures, and severance terms for both executives.
🚩 Red Flags
- Significant severance package for CFO (24 months salary + benefits + accelerated equity) creates a potential liability in the event of termination without cause.
📋 Key Facts
- CEO LeeAnn Rohmann's base salary increased to $415,000 via an amendment to her July 1, 2023 agreement.
- CEO is eligible for a target bonus equal to her base salary and a maximum payout of up to 300% based on Compensation Committee criteria.
- CFO Brandon Pope entered into a new two-year employment agreement with an annual base salary of $300,000.
- CFO is eligible for an annual bonus of up to $300,000 contingent on performance and remaining employed through the end of the fiscal year.
- CFO severance terms include 24 months of base salary, 24 months of medical insurance reimbursement, and immediate vesting of all unvested equity if terminated without cause or for good reason.
Legacy Education Inc. has furnished an updated investor presentation in connection with its upcoming participation at the 37th Annual Roth Conference scheduled for March 16-18, 2025.
📋 Key Facts
- The company updated its investor presentation on its website (www.legacyed.com).
- Company officers are scheduled to participate in the 37th Annual Roth Conference from March 16-18, 2025.
- Information provided under Item 7.01 is 'furnished' rather than 'filed', meaning it cannot be incorporated by reference into other SEC filings.
This is an amendment to a previously filed 8-K regarding the acquisition of substantially all assets of Contra Costa Medical Career College, Inc. (CCMCC). The filing serves to provide the required historical audited financial statements and pro forma information that were omitted from the original filing.
📋 Key Facts
- Acquisition target: Substantially all assets of Contra Costa Medical Career College, Inc. (CCMCC) and CCMCC Online, Inc.
- Transaction date: December 18, 2024
- Included Exhibits: Audited financial statements for years ended Dec 31, 2023, and 2022; Unaudited condensed consolidated financial statements for the nine months ended Sept 30, 2024, and 2023.
- Pro forma information: Includes unaudited pro forma condensed combined financial information giving effect to the acquisition.
Legacy Education Inc. filed an 8-K to announce its financial results for the fiscal quarter ended December 31, 2024. The filing serves as a formal announcement of the earnings release via press release.
📋 Key Facts
- Report date: February 13, 2025
- Reporting period: Quarter ended December 31, 2024
- Company is an 'emerging growth company' as defined by the SEC
- The filing includes a press release (Exhibit 99.1) containing financial results
Legacy Education Inc. completed the acquisition of substantially all assets of Contra Costa Medical Career College (CCMCC) on December 18, 2024. The transaction involved a cash payment, a promissory note, and the issuance of common stock held in escrow.
🚩 Red Flags
- Issuance of equity securities via private placement (Section 4(a)(2)) which may lead to future dilution.
- Potential integration risks and diversion of management attention noted in forward-looking statements.
- Contingent liability through the $400,000 promissory note guaranteed by the Company.
📋 Key Facts
- Acquisition closed on December 18, 2024.
- Total consideration included $6,133,079 in cash paid at closing.
- Buyer issued a $400,000 promissory note to Sellers at 6% interest per annum, payable in 12 monthly installments.
- Issued 118,906 shares of common stock to Equiniti Trust Company, LLC as escrow agent for the sellers.
- The issued shares are subject to a one-year escrow period to cover potential indemnification claims.
- Sellers (Stacey and Bulmaro Orozco) entered into a 180-day transitional consulting agreement.
Legacy Education Inc. has filed an 8-K to provide presentation materials regarding the company's operations and performance, intended for use in future investor communications.
📋 Key Facts
- The filing is under Item 8.01 (Other Events).
- Management intends to use the attached Presentation Materials (Exhibit 99.1) from time to time on or after December 3, 2024.
- The materials provide summary information regarding company operations and performance.
Legacy Education Inc. filed an 8-K to announce its financial results for the fiscal quarter ended September 30, 2024. The filing serves as a formal announcement of the earnings release via Exhibit 99.1.
📋 Key Facts
- Reporting period: Quarter ended September 30, 2024.
- Filing date: November 14, 2024.
- The company is an emerging growth company as defined by the SEC.
- Financial results were released via a press release dated November 14, 2024 (Exhibit 99.1).
Legacy Education Inc. via its subsidiary Legacy Education Antioch, LLC, has entered into an agreement to acquire substantially all assets of Contra Costa Medical Career College, Inc. and its online division for a total purchase price of $8 million.
🚩 Red Flags
- The use of a promissory note ($400k) and equity issuance to fund part of the acquisition indicates potential cash flow constraints or a desire to preserve liquidity.
- Escrow requirement for $1M in shares suggests potential for future dilution or clawbacks related to indemnification claims.
📋 Key Facts
- Total purchase price: $8,000,000 (subject to adjustment).
- Cash component: $6,600,000 payable at closing.
- Promissory note: $400,000 at 6% interest per annum, guaranteed by the Company and Legacy LLC.
- Equity component: Issuance of $1,000,000 worth of Company common stock to Sellers (held in escrow for one year).
- Sellers include Contra Costa Medical Career College, Inc., CCMCC Online, and owners Stacey Orozco and Bulmaro Orozco.
- The transaction includes a 180-day transitional consulting agreement with the Owners.