---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-050630"
form_type: "8-K"
ticker: "LGCY"
cik: "0001836754"
company_name: "Legacy Education Inc."
filed_at: "2024-12-18T23:59:59+00:00"
generated_at: "2026-05-29T02:05:07.550708+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Legacy Education completes $8M acquisition of Contra Costa Medical Career College

## Summary
- Closed Dec 18, 2024: $8M total consideration ($6.13M cash, $400K promissory note at 6%, 118,906 shares valued at $1M).
- Acquires CCMCC in Antioch, CA, adding Surgical Tech, Vocational Nursing, Sonography programs; expands to six CA campuses.
- Shares issued in unregistered transaction held in escrow for one year subject to indemnification claims.
- Buyer entered 180-day consulting agreement with sellers for transitional support; financial statements due in 75 days.

## SEC filing metadata
- accession: 0001493152-24-050630
- form_type: 8-K
- ticker: LGCY
- cik: 0001836754
- company_name: Legacy Education Inc.
- filed_at: 2024-12-18T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1836754/000149315224050630/0001493152-24-050630-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1836754/000149315224050630/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-050630
- JSON: https://secwatch.observer/filing/0001493152-24-050630.json
- Plain text: https://secwatch.observer/filing/0001493152-24-050630.txt

## Key facts
- M&A Transactions
  Legacy Education Inc. completed an acquisition involving Contra Costa Medical Career College, Inc. for $8,000,000 (closed 2024-12-18).
  - Action: acquisition
  - Counterparty: Contra Costa Medical Career College, Inc.
  - Consideration: $8,000,000
  - Closing: 2024-12-18
  source text: College (“CCMCC”), located in Antioch, California, pursuant to the execution of its previously announced asset purchase agreement on October 30, 2024 for a purchase price of $8,000,000 . The purchase price is as follows: (i) $6,133,079.84 was paid at closing ($6,600,000 as adjusted for the Estimated Closing Capital), (ii) a promissory note in the principal
  evidence_url: https://www.sec.gov/Archives/edgar/data/1836754/000149315224050630/0001493152-24-050630-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.