LIME RAISES $174M IN US IPO AT $25 PER SHARE

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WED, JUL 1, 2026

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Lime (Neutron Holdings Inc.) priced its initial public offering at $25 per share, raising $174 million at the midpoint of its marketed range. The micromobility company now carries a market valuation of $1.6 billion.

Lime sold 6.68 million shares in the offering, with proceeds split between the company and existing shareholders. The $25 pricing hit the middle of the targeted range, indicating balanced investor demand for the scooter and bike-sharing platform. The IPO marks a milestone for Lime, which has expanded across North America and Europe since its 2017 founding. The company operates in over 600 cities globally, competing with Lyft's Jump service and other micromobility operators. Lime's path to public markets reflects broader investor appetite for last-mile transportation solutions, though the sector faces ongoing regulatory scrutiny and profitability challenges. The company has previously secured funding from Google, Andreessen Horowitz, and other major investors.

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LIME RAISES $174M IN US IPO AT $25 PER SHARE

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