Lime IPO Overview
Lime, the e‑bike and e‑scooter rental platform formally known as Neutron Holdings Inc., completed an initial public offering on the Nasdaq Global Select Market. The company sold 6.68 million shares at a price of $25 per share, which is the midpoint of the marketed range of $24 to $26. The proceeds from the offering total $167 million.
Investor Demand and Allocation
Demand for the shares was approximately six times the number of shares made available. Allocation was heavily skewed toward mutual funds placing anchor‑size orders; the ten largest investors collectively secured more than 75% of the total shares offered.
Trading Commencement and Underwriters
Trading of Lime’s shares is scheduled to begin later on Wednesday, 1 July 2026, under the ticker symbol LIME on the Nasdaq Global Select Market. The offering was managed by a syndicate comprising Goldman Sachs Group Inc., JPMorgan Chase & Co., and Jefferies Financial Group Inc.
Publication Details
The information was reported by Bloomberg and published by Reuters on 1 July 2026 at 08:12 pm. The article was generated with AI assistance and subsequently reviewed by an editor.