Post IPO Highlights (Sep, 09 – Sep, 15)

Lineage, Inc. Declares First Dividend

Lineage, Inc. (LINE)

Lineage, Inc., the world’s largest global temperature-controlled warehouse REIT, has announced its first dividend since going public. The company’s Board of Directors has declared a prorated quarterly cash dividend of $0.38 per share for the third quarter of 2024. This translates to an annualized dividend rate of $2.11 per share. The dividend will be paid on October 21, 2024, to shareholders of record as of September 30, 2024.

UFC GYM and Alta Global Group Partner to Expand MMA Training Globally

Alta Global Group Limited (MMA)

UFC GYM, the world’s leading MMA-inspired fitness brand, is partnering with Alta Global Group to bring Alta’s innovative training programs to over 150 UFC GYM locations worldwide. This collaboration will introduce Alta’s popular ‘Warrior Training Program’ and ‘Fit Fight’ program to UFC GYM members, offering them the opportunity to train like elite MMA athletes. The partnership also leverages Alta’s mobile marketing platform, Hype, to boost customer acquisition and retention. This strategic alliance marks a significant step for both companies, expanding Alta’s global reach and enhancing UFC GYM’s member experience.

Rubrik Exceeds Expectations in Q2 FY2025, Raises Full-Year Guidance

Rubrik, Inc. (RBRK)

Rubrik, the Zero Trust Data Security company, reported strong Q2 FY2025 results, surpassing expectations across all metrics. Subscription ARR grew 40% year-over-year to $919.1 million, while revenue increased 35% to $205 million. The company also saw a significant rise in customers with high subscription values.

Driven by increasing demand for its cybersecurity solutions, Rubrik is raising its full-year guidance across all metrics, reflecting its strong performance and positive outlook. The company continues to focus on balancing growth with improved profitability.