--- schema_version: "secwatch.filing_event.v1" accession: "0001193125-24-186275" form_type: "8-K" ticker: "LINE" cik: "0001868159" company_name: "Lineage, Inc." filed_at: "2024-07-26T23:59:59+00:00" generated_at: "2026-05-31T16:01:24.389112+00:00" event_type: "other_material" sentiment: "positive" materiality_score: 0.75 calibrated_materiality_score: 0.75 confidence: "high" source: SEC EDGAR --- # Lineage closes IPO of 56.9M shares; enters stockholder and transition agreements ## Summary - IPO of 56,882,051 shares closed July 26, 2024; underwriters have 30-day option for 8,532,307 additional shares. - Company redeemed Series A preferred stock for $0.6M cash plus accrued but unpaid dividends. - Entered stockholders agreement granting BGLH, Stonepeak, others director nomination rights based on ownership thresholds. - Lineage Holdings entered transition services agreement with BGMC; $8M annual fee for 3 years ($24M total) for capital deployment and M&A support. - Board of directors elected with 8 members, including designees from BGLH, Stonepeak, and BGO. ## SEC filing metadata - accession: 0001193125-24-186275 - form_type: 8-K - ticker: LINE - cik: 0001868159 - company_name: Lineage, Inc. - filed_at: 2024-07-26T23:59:59+00:00 - event_type: other_material - sentiment: positive - materiality_score: 0.75 - calibrated_materiality_score: 0.75 - confidence: high - sec_items: 1.01, 5.02, 5.03, 8.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1868159/000119312524186275/0001193125-24-186275-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1868159/000119312524186275/d813793d8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001193125-24-186275 - JSON: https://secwatch.observer/filing/0001193125-24-186275.json - Plain text: https://secwatch.observer/filing/0001193125-24-186275.txt ## Key facts - Executive change Joy Falotico was elected as Director at Lineage, Inc.. - Action: elected - Role: Director source text: Effective July 24, 2024, Messrs. John Carrafiell, Greg Lehmkuhl, Luke Taylor, Michael Turner and James Wyper and Mses. Shellye Archambeau, Joy Falotico and Lynn Wentworth were elected to the board of directors of the Company. evidence_url: https://www.sec.gov/Archives/edgar/data/1868159/000119312524186275/0001193125-24-186275-index.htm - Executive change James Wyper was elected as Director at Lineage, Inc.. - Action: elected - Role: Director source text: Effective July 24, 2024, Messrs. John Carrafiell, Greg Lehmkuhl, Luke Taylor, Michael Turner and James Wyper and Mses. Shellye Archambeau, Joy Falotico and Lynn Wentworth were elected to the board of directors of the Company. evidence_url: https://www.sec.gov/Archives/edgar/data/1868159/000119312524186275/0001193125-24-186275-index.htm - Executive change Lynn Wentworth was elected as Director at Lineage, Inc.. - Action: elected - Role: Director source text: Effective July 24, 2024, Messrs. John Carrafiell, Greg Lehmkuhl, Luke Taylor, Michael Turner and James Wyper and Mses. Shellye Archambeau, Joy Falotico and Lynn Wentworth were elected to the board of directors of the Company. evidence_url: https://www.sec.gov/Archives/edgar/data/1868159/000119312524186275/0001193125-24-186275-index.htm - Executive change Michael Turner was elected as Director at Lineage, Inc.. - Action: elected - Role: Director source text: Effective July 24, 2024, Messrs. John Carrafiell, Greg Lehmkuhl, Luke Taylor, Michael Turner and James Wyper and Mses. Shellye Archambeau, Joy Falotico and Lynn Wentworth were elected to the board of directors of the Company. evidence_url: https://www.sec.gov/Archives/edgar/data/1868159/000119312524186275/0001193125-24-186275-index.htm - Executive change Luke Taylor was elected as Director at Lineage, Inc.. - Action: elected - Role: Director source text: Effective July 24, 2024, Messrs. John Carrafiell, Greg Lehmkuhl, Luke Taylor, Michael Turner and James Wyper and Mses. Shellye Archambeau, Joy Falotico and Lynn Wentworth were elected to the board of directors of the Company. evidence_url: https://www.sec.gov/Archives/edgar/data/1868159/000119312524186275/0001193125-24-186275-index.htm - Executive change John Carrafiell was elected as Director at Lineage, Inc.. - Action: elected - Role: Director source text: Effective July 24, 2024, Messrs. John Carrafiell, Greg Lehmkuhl, Luke Taylor, Michael Turner and James Wyper and Mses. Shellye Archambeau, Joy Falotico and Lynn Wentworth were elected to the board of directors of the Company. evidence_url: https://www.sec.gov/Archives/edgar/data/1868159/000119312524186275/0001193125-24-186275-index.htm - Executive change Shellye Archambeau was elected as Director at Lineage, Inc.. - Action: elected - Role: Director source text: Effective July 24, 2024, Messrs. John Carrafiell, Greg Lehmkuhl, Luke Taylor, Michael Turner and James Wyper and Mses. Shellye Archambeau, Joy Falotico and Lynn Wentworth were elected to the board of directors of the Company. evidence_url: https://www.sec.gov/Archives/edgar/data/1868159/000119312524186275/0001193125-24-186275-index.htm - Executive change Greg Lehmkuhl was elected as Director at Lineage, Inc.. - Action: elected - Role: Director source text: Effective July 24, 2024, Messrs. John Carrafiell, Greg Lehmkuhl, Luke Taylor, Michael Turner and James Wyper and Mses. Shellye Archambeau, Joy Falotico and Lynn Wentworth were elected to the board of directors of the Company. evidence_url: https://www.sec.gov/Archives/edgar/data/1868159/000119312524186275/0001193125-24-186275-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.