backed Lime raises $167 million in US IPO
Lime (Neutron Holdings), backed by Uber, raised $167 million in a US IPO by selling 6.68 million shares at $25 (midpoint of $24–$26). The company provides shared electric bikes and scooters in 230+ cities. 2025 revenue was $886.7 million (+~30%); net loss widened to $59.3 million. It plans to list on Nasdaq as LIME.
How this was made

The 30-second read
Why it matters
The disclosed IPO size, pricing, and expected Nasdaq debut create a concrete near-term trading setup for LIME, with Uber’s involvement and revenue growth as key narrative supports.
Market read
A newly priced IPO with a specified offering size and debut ticker is actionable for positioning into first-day trading and early liquidity expectations.
What to watch
The article doesn’t mention lockup terms, insider selling, or detailed Uber commercial economics beyond partnership framing—these can dominate first-day price action.
Background
The piece frames the IPO as part of a broader rebound in new listings after volatility tied to the Iran conflict.
Ticker impact
Lime (Neutron Holdings) raised $167M in its US IPO, selling 6.68M shares at $25 and planning a Nasdaq debut under ticker LIME.
Likely initial volatility around first-day trading as investors price the $25 midpoint and the Uber-linked revenue narrative.
The article discloses the priced offering ($25/share, 6.68M shares) and expected Nasdaq debut, which are actionable for first-day positioning; it lacks post-IPO guidance or lockup details.
Market effects
Adds another high-profile micro-mobility listing, potentially supporting investor sentiment toward shared mobility and platform-enabled revenue models.
US IPO window reopening narrative may marginally improve sentiment for other near-term tech/consumer listings.
Limited direct global read-across beyond reinforcing broader IPO risk appetite.
Counterpoint
Despite strong revenue growth, the company’s widening net loss ($59.3M) could cap upside if investors focus on profitability rather than growth.
Key entities
- companyLime (Neutron Holdings)
Short-term rental provider for electric bikes and scooters; raised $167M in a US IPO priced at $25/share.
- companyUber
Backer/strategic partner; led a 2020 funding round and indicated interest in buying up to $20M in shares in the offering.
- financial_institutionGoldman Sachs / J.P. Morgan / Jefferies
Underwriters for the IPO.

