Pipeline Update: Three companies set terms for end of July IPOs

Company:  Lineage, Inc.

Symbol: LINE (Nasdaq)

Description:   They are the world’s largest global temperature-controlled warehouse REIT, with a modern and strategically located network of properties.

Shares: 47 million

Price Range: $70.00-$82.00

Market Cap: $16.4b-$19.2b

Trade Date:  Thursday, 7/25

Underwriter(s): Morgan Stanley, Goldman Sachs, BofA Securities, J.P. Morgan, Wells Fargo Securities, RBC Capital, Rabo Securities, Scotiabank, UBS Investment Bank, Capital One Securities, Truist Securities, Evercore ISI, Baird, KeyBanc Capital, Mizuho, PNC Capital Markets, Deutsche Bank Securities, HSBC, Piper Sandler, Regions Securities LLC

Co-Manager(s): Blaylock Van LLC, Cabrera Capital Markets, C.L. King & Associates, Drexel Hamilton, Guzman & Company, Loop Capital Markets, Roberts & Ryan, R. Seelaus & Co

Link to Prospectus: Terms Added: 7-16-24

 

Company:  OneStream, Inc.

Symbol: OS (Nasdaq)

Description:   Their platform unifies core financial and broader operational data and processes within a single platform, with solutions that maintain the integrity of corporate reporting standards for Finance while providing operationally significant insights for business users.

Shares: 24.5 million

Price Range: $17.00-$19.00

Market Cap: $3.9b-$4.4b

Trade Date:  Wednesday 7/24

Underwriter(s): Morgan Stanley, J.P. Morgan,, KKR, BofA Securities, Citigroup, Guggenheim Securities

Co-Manager(s): Raymond James, ScotiaBank, Truist Securities, BTIG, Needham & Co., Piper Sandler TD Cowen, Wolfe | Nomura Alliance, AmeriVet Securities, Blaylock Van LLC, Cabrera Capital Markets, Drexel Hamilton, Loop Capital 

Link to Prospectus: Terms Added: 7-15-24

 

Company:  Concentra Group Holdings Parent, Inc.

Symbol: CON (NYSE)

Description:   They were founded in 1979 and have grown to be the largest provider of occupational health services in the United States by number of locations.

Shares: 22.5 million

Range: $23.00-$26.00

Market Cap: $2.9b-$3.3b

Trade Date:  Thursday, 7/25

Underwriter(s): J.P. Morgan, Goldman Sachs, BofA Securities, Deutsche Bank, Wells Fargo Securities, Mizuho, RBC Capital, Truist

Co-Manager(s): Capital One Securities, Fifth Third Securities, PNC Capital Markets

Link to Prospectus: Terms Added: 7-15-24