Uber-backed electric bike firm Lime seeks $180.9 million in IPO
Lime, the Uber-backed micromobility firm (Neutron Holdings Inc.), is seeking up to $180.9 million in a US IPO, according to an SEC filing. It plans to sell 6.7 million shares at $24–$26 each, with selling shareholders offering additional shares. At the top price, Lime’s market value would be about $1.7 billion. The filing cites 2025 net loss of $59.3 million on $886.7 million revenue and 3.8 million monthly active users. Goldman Sachs and JPMorgan lead; shares are expected to trade on Nasdaq as
How this was made
The 30-second read
Why it matters
The filing provides concrete IPO mechanics (share count, $24–$26 range, and expected Nasdaq ticker), which can drive positioning by IPO allocation, valuation, and volatility expectations.
Market read
A fresh SEC IPO filing with a defined price range and Nasdaq ticker is a direct catalyst for IPO-focused trading and volatility positioning.
What to watch
Key missing items for trading are the final pricing, lockup terms, use of proceeds, and any overhang from selling shareholders’ planned secondary sales.
Background
Lime is an electric bike and scooter rental firm backed by Uber; it previously considered IPO plans in 2021 and was valued at $510M in 2020 after Uber’s investment.
Ticker impact
Lime (Neutron Holdings) filed for a US IPO, offering 6.7M shares at $24–$26 and targeting Nasdaq trading under ticker LIME.
Likely elevated volatility into pricing and listing; direction depends on demand versus the $24–$26 range and broader risk appetite.
The article discloses the filing, offer size, and price range but not final pricing, underwriter allocation, or demand indicators.
Market effects
Adds another micromobility IPO candidate, potentially drawing incremental attention/capital to shared mobility and last-mile transport.
San Francisco-based issuer may attract local growth/tech-IPO positioning, but impact is likely limited beyond IPO desks.
Primarily US capital-markets event; limited direct global read-through without additional international expansion or partnerships disclosed.
Counterpoint
IPO filings can still face pricing pressure or delays; without demand/roadshow updates, the market may discount the range and focus on valuation risk.
Key entities
- companyLime (Neutron Holdings Inc.)
Electric bike and scooter rental firm seeking to raise up to $180.9M via a US IPO.
- companyUber Technologies Inc.
Backer of Lime, mentioned in the context of prior investment.
- financial_institutionGoldman Sachs Group Inc.
Leading the IPO.
- financial_institutionJPMorgan Chase & Co.
Leading the IPO.
