FX.co ★ Lineage Expects To Price IPO Of 47 Mln Shares In $70.00-$82.00/shr Range

Lineage Inc. announced in a regulatory filing that it plans to price its initial public offering (IPO) of 47 million shares between $70.00 and $82.00 per share.

The company indicated that its common stock is expected to be listed on the Nasdaq Global Select Market under the ticker symbol "LINE," pending final approval.

Additionally, the company disclosed that underwriters have a 30-day option to purchase up to an extra 7.05 million shares at the initial offering price, minus underwriting discounts and commissions.

KKR Capital Markets LLC is serving as the lead financial advisor for this offering. BDT & MSD Partners, Seven Lakes Partners, and Eastdil Secured Advisors, LLC are also acting as financial advisors for the offering.