Lime goes public on Nasdaq, raising $167M in long-awaited IPO
Lime, the electric scooter and e-bike rental company, went public on the Nasdaq on July 1, 2026, raising about $167 million by pricing 6.96 million shares at $25 each. The IPO values the company at roughly $1.63 billion. Despite revenue growth to $886.7 million in 2025 and positive free cash flow, Lime faces $845.8 million in debt and had expressed doubt about its ability to continue without the offering. Proceeds will repay loans and fund expansion.
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Uber-backed Lime's muted Nasdaq debut caps comeback 'from death'
Lime, the debt-laden micromobility company backed by Uber, had a muted Nasdaq debut on July 1, 2026, closing 4% above its IPO price at $26.02. The IPO was priced at $25 per share, valuing the company at $1.66 billion, down from its peak private valuation of $2.4 billion in 2019. The offering raised $173.92 million, including $167 million in new capital. Lime disclosed about $845.8 million in debt coming due within a year, most of it in 2026. The company's net loss widened from $34 million in 2024 to $59 million in 2025. The IPO is seen as a Hail Mary to avoid bankruptcy, as rival Bird filed for Chapter 11 in 2024. Uber held a 24.4% stake prior to the IPO. Lime operates in about 230 cities across 29 countries but faces regulatory challenges, including a ban in Manhattan.
Yahoo FinanceLime goes public after years of uncertainty, raises $167 million in IPO
Micromobility company Lime began trading on the Nasdaq on July 1, 2026, after raising $167 million in its initial public offering. The nine-year-old scooter and bike company sold 6.68 million shares at $25 each, the midpoint of its expected range. Shares jumped about 9% in the first hour, pegging Lime's valuation at around $1.66 billion. CEO Wayne Ting emphasized the company's resilience and patience, noting it demonstrated three years of free cash flow positive results before going public. Lime needs the IPO proceeds to help resolve approximately $1 billion in liabilities, with more than half due by year-end. The company has improved revenue from $521 million in 2023 to $886.7 million in 2025, though losses remain. Lime now operates in 230 cities across 29 countries, and Uber owns 24% of the company, accounting for more than 14% of its revenue.
Yahoo FinanceLime Opens at $27 a Share in IPO; CEO Says Timing Was Right
Electric scooter and e-bike company Lime (LIME) opened at $27 per share on July 1, 2026, after pricing its IPO at $25 per share, the midpoint of its $24-$26 range. The company sold 6,956,522 shares, raising about $167 million, with $115 million earmarked for debt repayment. CEO Wayne Ting stated the IPO came at the 'right moment' as Lime has been free cash flow positive for three years and achieved 29% revenue growth in 2025. Lime's post-IPO market cap is $1.63 billion. Uber, a major backer owning over 10% of the company, acted as an anchor investor, agreeing to purchase up to $20 million of stock. Lime operates in over 230 cities across five continents and has powered more than 1 billion rides. The listing marks a milestone for the scooter industry after years of venture capital burn and regulatory challenges.
Yahoo FinanceLime Opens at $27 a Share; CEO Says IPO Happened at the 'Right Moment'
Electric scooter and e-bike company Lime (LIME) opened at $27 per share on Wednesday, July 1, 2026, after pricing its IPO at $25 per share, the midpoint of its $24-$26 range. The company sold approximately 6.96 million shares, raising about $167 million, with $115 million earmarked for debt repayment. CEO Wayne Ting told Yahoo Finance the IPO came at the 'right moment' due to three years of free cash flow positivity and 29% top-line growth in 2025. Lime's post-IPO market capitalization is $1.63 billion. The company operates in over 230 cities across five continents and has powered more than 1 billion rides. Uber, a major backer owning over 10% of Lime, acted as an anchor investor, agreeing to purchase up to $20 million of stock. The listing marks a milestone for the scooter industry after years of venture capital burn and regulatory battles.
Yahoo FinanceLime raises $167M in IPO after years of teasing a public debut
Micromobility company Lime raised $167 million in its long-awaited IPO, selling 6.68 million shares at $25 each on the Nasdaq under ticker 'LIME'. The IPO values the nine-year-old scooter and bike company at approximately $1.66 billion. Despite revenue growth from $521 million in 2023 to $886.7 million in 2025, Lime faces significant financial pressure, having expressed 'substantial doubt' about its ability to continue as a going concern. The company needs IPO proceeds to pay off around $1 billion in liabilities, with over half due by end of 2026. Lime has improved its financials, trimming losses from $122.3 million in 2023 to $59.3 million in 2025, and now operates in 230 cities across 29 countries. Uber, which owns 24% of Lime, accounted for more than 14% of its revenue last year. The IPO comes amid a turbulent period for the micromobility industry, with competitors like Bird filing for bankruptcy and others merging or shutting down.
Yahoo FinanceDear Future Lime Stock Investors, Mark Your Calendars for July 1
Lime, the electric scooter and e-bike rental company formally known as Neutron Holdings, is set to list on Nasdaq on July 1, 2026, under the ticker LIME. The IPO price is expected between $24 and $26 per share, with net proceeds of approximately $141.6 million. Goldman Sachs, J.P. Morgan, and Jefferies are leading the offering. The company has a vertically integrated business model and a key partnership with Uber, which owns 24.4% of Lime and plans to invest up to $20 million in the IPO. Lime's revenue grew from $522 million in 2023 to $886.72 million in 2025, reflecting continued demand for shared micromobility services across 230 cities in 29 countries.
Yahoo FinanceLime Files for IPO on Nasdaq, Aims to Raise $181.9 Million Amid Heavy Debt
Lime, the Uber-backed electric scooter and bike sharing company, has filed for an IPO on the Nasdaq, aiming to raise $181.9 million at a potential valuation of $1.8 billion. The company plans to sell nearly 7 million shares at an expected price of $24 to $26 per share. Despite operating in 230 cities with steady revenue growth, Lime has reported net losses since its founding in 2017 and faces $845.8 million in debt due within 12 months, with insufficient liquidity to repay. Without the IPO, Lime warns it could go out of business. Uber, a longtime partner, will act as an anchor investor, purchasing up to $20 million in stock. The company plans to use IPO proceeds to repay debts, expand into new cities, and launch new projects. Goldman Sachs and J.P. Morgan are lead managers for the offering.
Yahoo FinanceLime Files Amended IPO Registration, Seeks $181 Million at Up to $1.8 Billion Valuation
Electric scooter and e-bike rental company Lime (Neutron Holdings Inc.) filed an amended IPO registration statement with the SEC on June 22, 2026, seeking to raise up to $180.9 million at a valuation of up to $1.8 billion. The company is offering 6,679,791 shares priced between $24 and $26, with an additional 276,731 shares to be sold by existing shareholders including CEO Wayne Ting. Uber has indicated interest in purchasing up to $20 million in shares. Goldman Sachs, J.P. Morgan, and Jefferies are underwriting the offering. Lime plans to use about $115 million of proceeds to repay a senior secured term loan. The company reported 2025 revenue of $886.7 million but a net loss of $59.3 million, widening from $33.9 million in 2024. Lime operates in approximately 230 cities across 29 countries.
Yahoo FinanceLime IPO Roadshow Seeks $181 Million at $1.8 Billion Valuation
Lime, the electric scooter and e-bike rental company, filed an amended IPO registration statement with the SEC on June 22, 2026, seeking to raise up to $180.9 million at a valuation of up to $1.8 billion. The company, legally named Neutron Holdings Inc., is offering 6,679,791 shares priced between $24 and $26, and plans to list on the Nasdaq under the ticker 'LIME.' Uber Technologies has indicated interest in purchasing up to $20 million in shares. Underwriters include Goldman Sachs, J.P. Morgan, and Jefferies. Lime intends to use about $115 million of proceeds to repay a senior secured term loan. The company operates in approximately 230 cities across 29 countries. Revenue grew to $886.7 million in 2025 from $686.6 million in 2024, but net loss widened to $59.3 million from $33.9 million. Uber's app channel contributed 14.3% of Lime's 2025 revenue. Lime also plans to enter a $200 million revolving credit facility with JPMorgan Chase.
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