Lineage (LINE) IPO falls short of global index fast-entry threshold, but its first inclusion is expected as soon as September 2024 with forecasted demand of ~$340m and ~1.3 ADV.
What is covered in the Full Insight:
IPO Overview
Market Capitalization and Free Float
Index Inclusion Forecast
Estimated Passive Fund Demand
Key Challenges and Risks
Boomeranged on Mon, 26 Aug 2024 00:42
Lineage (LINE US) was the largest market cap addition in the Top 3000 US index (rasel) and the only addition in the Top 1000 US index for the September 2024 review. The announcement date was at the close of 23 August.
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