By Colin Kellaher
Lincoln International plans to sell more than 20.6 million shares at between $18 and $20 apiece.
At the $19 midpoint of that range, the Chicago investment-banking advisory firm said it expects net proceeds of about $368 million, or roughly $423 million if the underwriters exercise an option to buy an additional 3.08 million shares.
Lincoln said current shareholders plan to sell an additional 445,942 shares in the IPO, bringing the size of the offering to about 21 million shares.
Lincoln said it has applied to list its shares on the New York Stock Exchange under the symbol LCLN.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
May 11, 2026 09:51 ET (13:51 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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