The electric scooter rental company Lime has filed for IPO
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6 Articles
Present in 230 cities around the world, the Californian company wants to turn the page of difficult years marked by the pandemic and regulatory changes.
Lime Pushes Ahead With Share Market Debut Despite Ongoing Financial Losses
Electric scooter and bicycle rental company Lime has officially moved forward with plans to become a publicly traded business after filing for an initial public offering with the US Securities and Exchange Commission. The company, formally known as Neutron Holdings, had previously hinted at ambitions to enter the stock market as far back as 2021. Founded in 2017, Lime rapidly expanded its short-term scooter and e-bike rental services across majo…
eBike Startup Lime Files for $2 Billion IPO
Uber-backed eMobility company Lime is planning to go public. Lime parent Neutron Holdings filed paperwork with the Securities and Exchange Commission (SEC) Friday (May 8) for its initial public offering (IPO). Sources told the Financial Times (FT) that Lime is hoping to list at a valuation of around $2 billion. That’s up from the $500 million valuation the eBike and eScooter company reached in 2020 when Uber purchased its stake in Lim…
Lime Charges Toward Nasdaq as Scooter Giant Seeks Fresh Capital to Erase Debt
Lime once littered city sidewalks with its bright green electric scooters. Now the company hopes Wall Street will give it a fresh start. The San Francisco firm, formally known as Neutron Holdings Inc., filed its S-1 registration with the Securities and Exchange Commission on May 8. It plans to list on Nasdaq under the ticker LIME. Goldman Sachs and JPMorgan lead the underwriting group. The move caps years of speculation that began as early as 20…
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