Lime Secures $174 Million in IPO, Valuing Company at $1.6 Billion

WHO:

TechCrunch - Lime is a nine-year-old scooter and bike-share company.

Bloomberg Markets - Neutron Holdings Inc. is better known as Lime.

WHAT:

Reuters - Lime's shares closed up 4% in its Nasdaq debut, valuing the company at approximately $1.7 billion.

Bloomberg Markets - Lime's stock rose 8% following the IPO.

Bloomberg Markets - Lime and some of its shareholders raised $174 million in an initial public offering (IPO).

Techmeme - Lime sold 6.68 million shares at $25 each during the IPO.

Bloomberg Markets - Lime's market value is now $1.6 billion after the IPO.

TechCrunch - Lime stated it needs the funds to help pay down around $1 billion in liabilities.

WHERE:

Techmeme - The IPO took place in the United States.

WHEN:

Techmeme - The IPO was priced at the midpoint of the marketed range.

WHY:

TechCrunch - Lime needs the funds to address its liabilities.

HOW:

Bloomberg Markets - The IPO raised funds through the sale of shares at a specified price.

(UPDATED July 1, 2026 23:23 UTC)

Lime made a splash in its Nasdaq debut, with shares closing up 4%, which values the company at around $1.7 billion. This significant milestone marks a promising start for Lime in the public market. Investors are keenly watching how the company will navigate its journey ahead.

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(UPDATED July 1, 2026 19:36 UTC)

Lime's stock experienced a notable increase of eight percent after its initial public offering, according to Bloomberg Markets. This surge reflects strong investor interest in the company's market debut. The IPO has generated significant attention, marking an important milestone for Lime.

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(UPDATED July 1, 2026 17:39 UTC)

Lime, also known as Neutron Holdings Inc., has successfully raised $174 million in an initial public offering by selling 6.68 million shares at $25 each, giving the company a market value of $1.6 billion. The IPO took place in the United States, and Lime stated that it needs these funds to help pay down approximately $1 billion in liabilities. This significant financial move comes as the nine-year-old scooter and bike-share company seeks to strengthen its position in the market.