Lime Aims for $180.9 Million IPO, Targeting $1.7 Billion Valuation
WHO:
Techmeme - Lime, an electric bike and scooter rental company, is backed by Uber Technologies Inc.
WHAT:
Techmeme - Lime is seeking to raise up to $180.9 million in its US initial public offering (IPO).
Bloomberg Markets - Lime is offering 6.7 million shares at a price range of $24 to $26 each.
Techmeme - The IPO could give Lime a valuation of up to $1.7 billion.
WHERE:
Bloomberg Markets - The IPO is taking place in the United States.
WHEN:
Techmeme - The IPO is planned for a future date, but no specific date is provided in the articles.
WHY:
Techmeme - The fundraising through the IPO is likely aimed at expanding Lime's operations and market presence.
HOW:
Techmeme - Lime is utilizing an initial public offering as a method to raise capital.
(UPDATED June 22, 2026 14:56 UTC)
Lime, the electric bike and scooter rental company backed by Uber Technologies Inc., is planning to raise up to $180.9 million in its upcoming initial public offering in the United States. The company is offering 6.7 million shares priced between $24 and $26 each, which could potentially value Lime at up to $1.7 billion. This fundraising effort through the IPO is likely aimed at expanding Lime's operations and market presence, although a specific date for the offering has not yet been announced.