Lineage, Inc. 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds Issuer Purchases of Equity Securities The following table summarizes share repurchase activity for the three months ended September 30, 2024: Period Total Number of Shares Repurchased Average Price Paid per Share Total Number of Shares Repurchased as Part of Publicly Announced Programs Approximate Dollar Value of Shares that May Yet be Purchased (in millions) July 1 - July 31, 2024 — $ — — $ — August 1 - August 31, 2024 148 (1) $ 85.54 — $ — September 1 - September 30, 2024 — $ — — $ — Total 148 — __________________ (1) As disclosed in the Company’s Prospectus filed July 24, 2024, BGLH intends to wind down its holding of the Company’s shares over a period of up to three years following the date of the Company’s IPO. To do this, BGLH generally expects to distribute the Company’s shares in kind to its investors in settlement of their equity interests in BGLH. In August 2024, the Company repurchased fractional shares that certain investors in BGLH would have otherwise received in a distribution from BGLH, in an aggregate amount of 148 shares of common stock. Unregistered Sales of Equity Securities The following table sets forth all unregistered sales of securities made by us during the three months ended September 30, 2024: Date Securities Issued Purchaser Consideration Exemption from Registration July 24, 2024 80,950 shares of common stock Certain employees of the Company Certain vested Management Profits Interests Class C units Section 4(a)(2) On July 26, 2024, our registration statement on Form S-11 (File No. 333-280470), as amended, was declared effective by the SEC. There has been no material change in the use of proceeds from our IPO as described in the Prospectus. Item 3. Defaults Upon Senior Securities Not applicable. Item 4. Mine Safety Disclosures Not applicable. 88