Introduction
Lincoln International, a global investment banking advisory firm, has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) in connection with a proposed initial public offering of its Class A common stock.
Offer status and listing
The registration statement submitted to the SEC has not become effective. At this stage, the company has not specified the number of Class A shares to be sold nor provided a pricing range for the contemplated offering. Lincoln International has applied to have its Class A common stock listed on the New York Stock Exchange under the ticker symbol "LCLN."
Underwriting and managers
Goldman Sachs & Co. LLC and Morgan Stanley are named as joint lead book-running managers for the proposed offering. Additional firms designated as bookrunners include BMO Capital Markets, Citizens Capital Markets and Evercore ISI. Keefe, Bruyette & Woods, A Stifel Company, and Wolfe | Nomura Alliance are listed to serve as co-managers.
Timing and conditions
The proposed offering remains conditional on market and other factors, and there is no assurance regarding the timing of completion or the final terms. Lincoln International indicated the offering is expected to commence only after the SEC has completed its review of the registration statement.
Documentation and regulatory note
The filing made with the SEC is available on the commission’s website. The company’s announcement was made in accordance with Rule 134 under the Securities Act of 1933 and does not constitute an offer to sell securities.
Context for market participants
Market participants and potential investors seeking the official filing can consult the registration statement on the SEC site for the detailed disclosure the company has provided to date. Until the registration statement becomes effective and the company announces definitive terms, key elements such as share count and price range will remain undecided.