Cold Storage REIT Lineage Launches IPO at $19B Valuation

Lineage Inc., a cold storage REIT, has announced the pricing of its initial public offering, valuing the company at around $19 billion. The offering consists of 47 million shares of common stock and a usual 30-day, 15% option (for an additional 7.05 million shares) to the deal underwriters. The company’s stock will trade on the Nasdaq under the ticker “LINE.” The price range was set between $70 and $82 per share. 

Lineage Logistics (Nasdaq: LINE)
Brian Beattie | President, North America West

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