1. LGCY established an Advisory Board to enhance strategic direction. 2. Board members have extensive experience in healthcare and education. 3. The move aims to expand program offerings and growth opportunities. 4. Focus on mergers, acquisitions, and clinical site expansion is emphasized. 5. Public policy and long-term student success initiatives planned.
The formation of an Advisory Board suggests LGCY's commitment to strategic growth, similar to other successful firms in education and healthcare sectors that have driven their stock prices up post-announcement.
The establishment of a seasoned Advisory Board is critical; their guidance could lead to significant operational and financial fortification for LGCY.
Strategic expansions often require time to yield results; historical cases show it typically takes 1-2 years for market reactions to manifest sustainably.
-- Legacy Education Inc. (NYSE American: LGCY) ("Legacy" or "Legacy Education"), a leading for-profit provider of nursing and allied health education, has formed an Advisory Board to support the company's strategic direction as it expands its national footprint and program offerings.
The Advisory Board will play a key role in advising Legacy's leadership team on mergers and acquisitions, clinical site expansion, strategic partnerships, and industry engagement. In addition, the Advisory Board will support initiatives related to public policy, institutional advancement, and long-term student success.
"The formation of our Advisory Board marks an exciting step forward in Legacy's growth journey," said LeeAnn Rohmann, CEO and Chairman of the Board. "These distinguished leaders bring decades of experience in healthcare, education, finance, and operational excellence. Their insights will be invaluable as we continue to scale, innovate, and serve the evolving needs of our students and the communities we impact."
Legacy Education (NYSE: LGCY) is an award-winning, nationally accredited, for-profit post-secondary education company founded in 2009. Legacy Education provides career-focused education primarily in the healthcare field, with certificates and degrees for nursing, medical technicians, dental assisting, business administrative, and several others. The company offers a wide range of educational programs and services to help students achieve their professional goals. Legacy Education's focus is on providing high-quality education that is accessible and affordable. Legacy Education is committed to growing its education footprint via organic enrollment growth, addition of new programs and accretive acquisitions. For more information, please visit www.legacyed.com or on LinkedIn @legacy-education-inc.
Statements in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements." The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. The forward-looking statements contained in this press release are based on management's current expectations and are subject to substantial risks, uncertainty and changes in circumstances. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors, including, without limitation, market conditions and the factors described in the section entitled "Risk Factors" in Legacy's most recent Annual Report on Form 10-K and Legacy's other filings made with the U.S. Securities and Exchange Commission. All such statements speak only as of the date of this press release. Consequently, forward-looking statements should be regarded solely as Legacy's current plans, estimates, and beliefs. Legacy cannot guarantee future results, events, levels of activity, performance or achievements. Legacy does not undertake and specifically declines any obligation to update or revise any forward-looking statements to reflect new information, future events or circumstances or to reflect the occurrences of unanticipated events, except as may be required by applicable law.
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SOURCE Legacy Education Inc.