Lime IPO Sees Strong Demand, Raises Up To $174 Million

By EC Assets · Published

Lime's initial public offering has reportedly seen demand outpace available shares by a factor of six. The mobility company, also known as Neutron Holdings Inc. priced its U.S. IPO at $25 per share. The share price was set at the midpoint of its marketed range, which was $24 to $26 per share. Lime, backed by Uber, raised $167 million in its IPO. Other reports indicate the company and some of its shareholders raised $174 million through the offering. The deal was underwritten by Goldman Sachs, JPMorgan, and Jefferies. The company sold 6.68 million shares at $25 per share. Another report states Lime sold 6.96 million shares at the same price. The IPO will help Lime repay debt. The public debut of the company occurred on Nasdaq. The IPO valued the scooter company at $1.6 billion. Lime needed some juice, and an IPO is providing it. Investors are assessing growth, debt repayment, and micromobility risks in 2026. This article is intended for informational purposes only. It does not constitute investment advice.

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