Category: Markets
Published: 2026-06-22T16:23:00.000Z
Lime, the electric bike and scooter rental firm backed by Uber, along with its shareholders, is looking to raise up to $180.9 million in a U.S. initial public offering. The company, formally known as Neutron Holdings Inc., plans to offer 6.7 million shares at $24 to $26 each, which could give it a market value of $1.7 billion. This IPO attempt follows a previous valuation of $510 million in 2020 after a significant drop from $2.4 billion in 2019, and the company reported a net loss of $59.3 million on revenues of $886.7 million in 2025.
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