Lincoln International Finalizes IPO Agreements, New Share Classes, Directors
Lincoln International, Inc. completed several corporate actions in connection with its initial public offering. This included entering into a Fourth Amended and Restated Limited Partnership Agreement, a Tax Receivable Agreement, and a Voting Agreement. The company also issued 32,096,939 shares of Class B common stock and 48,860,500 shares of Class C common stock in unregistered sales. Additionally, Ms. M. Christie Smith and Mr. John W. Oleniczak were appointed to the board of directors, and employment agreements were finalized with the CEO and President. The company's Charter and Bylaws were amended to establish its authorized capital stock.
Key Highlights
- Entered Fourth Amended and Restated Limited Partnership Agreement.
- Entered Tax Receivable Agreement and Voting Agreement related to IPO.
- Issued 32,096,939 shares of Class B common stock to Limited Partners.
- Issued 48,860,500 shares of Class C common stock to Controlling Partners.
- Appointed M. Christie Smith (Class I) and John W. Oleniczak (Class II) to the Board of Directors.
- Signed employment agreements with CEO Robert Brown and President Eric Malchow.
- Amended Charter authorized 650M Class A, 250M Class B, 100M Class C, 5M preferred shares.
Price Impact
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