Trading leveraged product involves significant risk of loss. 24.46% of retail investor accounts generate profits when trading leveraged products with this provider
(LINE)
Lineage
Warehousing & Supply Chain Logistics
Expected to list on 25 July 2024, subject to change
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Expected price
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Expected Market Value
Nasdaq Global
Exchange (TBC)
Last updated: 22 April 2025. IPO terms, instrument availability and market data can change. Verify key details against the latest official announcement.
Lineage Company Overview
About Lineage
Lineage’s journey began with the acquisition of a cold storage warehouse, Seafreeze, in 2008. Since then, it has grown exponentially, with 111 facilities in 21 states, and is ranked as the second largest temperature-controlled warehousing and logistics company in the United States.
Lineage Logistics also ranks 23rd in Fast Company’s list of the World’s Most Innovative Companies.
The warehousing giant, which services household names like Amazon, Walmart, and PepsiCo, has boosted its revenue 38% over the past 7 years, anchored, in part, by the company’s decision to invest in Michigan as its place to do business.
Lineage IPO Figures & Valuation
Lineage is poised to be the largest global IPO of the year to date with an estimated valuation of up to $19.16 billion in its U.S. IPO as stated by Avery Marquez, assistant portfolio manager at Renaissance Capital. This is significantly larger than the current biggest IPO of 2024, which raised $1.5 billion (Viking Holdings).
The REIT, backed by private equity firm Bay Grove Capital, is aiming to raise up to $3.85 billion by offering 47 million shares at a price range of $70 to $82 each.
Lineage has raised equity capital worth more than $9 billion since inception from institutional investors such as BentallGreenOak, Stonepeak, Dan Sundheim’s D1 Capital, and Oxford Properties, according to its IPO prospectus.
For full-year 2023, Lineage earned $243.9 million on revenue of $5.34 billion, up from $233.6 million in net operating income on revenue of $4.93 billion in 2022.
Significant Investors and Market Interest
The Norwegian wealth fund, Norges Bank Investment Management, has indicated an interest in purchasing up to $900 million worth of shares sold in the offering.
Lineage Inc.’s controlling shareholder is Bay Grove Capital Group LLC, but the chilled-storage specialist has had more than two dozen institutional investors including Morgan Stanley (MS), Stonepeak Partners, StepStone, Cohen & Steers, and D1 Capital Partners.
Sources: Reuters, marketwatch, Michigan Economic, IPO Scoop
Norwegian Wealth Fund Shows Interest in Lineage Shares
The Norwegian wealth fund, Norges Bank Investment Management, has indicated an interest in purchasing up to $900 million worth of shares sold in the offering.
Lineage Has had More Than Two Dozen Institutional Investors
Lineage Inc.’s controlling shareholder is Bay Grove Capital Group LLC, but the chilled-storage specialist has had more than two dozen institutional investors including Morgan Stanley, Stonepeak Partners, StepStone Group, Cohen & Steers, and D1 Capital Partners.
How to gain exposure in Lineage stock
Most retail investors gain access once public-market trading begins; the routes below explain how that can work depending on your goals and risk profile.
Invest in Lineage
Once Lineage becomes available on the stock market and on the NAGA platform, eligible clients may be able to buy the shares and gain exposure to the company's long-term growth story. For many investors, this is the most straightforward way to participate after a public listing.
Discover stock investingTrade in Lineage
For traders looking for shorter-term opportunities, CFDs can provide exposure to Lineage price movements without owning the underlying shares, where available. This approach may suit active market participants who want to trade volatility around the listing event.
Discover CFD trading
Get ready for the Lineage IPO
Set up your account by verifying and funding so you can act once public trading begins and instrument availability is confirmed.
Three steps to be ready before trading opens
1
Create your account
2
Verify your profile
3
Fund your account
Important Information
Lineage IPO timing, listing venue, share count, price range, valuation and other terms may change and should be verified against the latest official issuer, exchange or regulatory announcement.
NAGA Markets Europe Ltd does not provide participation in Lineage's primary IPO allocation or pre-IPO shares unless expressly stated otherwise in approved, jurisdiction-specific materials. Access to any instrument after public trading begins is subject to availability, eligible-client status, market conditions and applicable regulations.
Market data may be delayed or indicative. Past performance is not a reliable indicator of future results. Investments involve risk and may result in losses. Interested investors should review the official offering documents and consult a qualified financial adviser before making any investment decisions.
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RISK WARNING: Trading leveraged products (CFDs) and real shares involves significant risk, including the potential loss of your initial investment, and may not be suitable for all investors. Before trading or investing, you are strongly advised to read and ensure you understand the relevant Risk Disclosure and warnings included in the Company's legal documents section. There is a substantial risk that you may lose all of your initial investment when trading or investing. We recommend that you carefully consider whether trading leveraged products or investing in shares is appropriate for you in light of your personal circumstances, and ensure you fully understand all associated risks before proceeding. 24.46% of retail investor accounts generate profits when trading leveraged products with this provider. Trading with NAGA Trader by following and/or copying or replicating the trades of other traders involves high levels of risks, even when following and/or copying or replicating the top-performing traders. Such risks include the risk that you may be following/copying the trading decisions of possibly inexperienced/unprofessional traders, or traders whose ultimate purpose or intention, or financial status may differ from yours. Before making an investment decision, you should rely on your own assessment of the person making the trading decisions and the terms of all the legal documentation.
Disclaimer: The content on this page is for informational purposes only and is not intended as a recommendation or advice. Any references to past performance, emulated performance, or forecasts in the Company’s advertisements are not reliable indicators of future results. Customers are solely responsible for their own business decisions or investments.