Lime, the electric scooter and bike-sharing company, has priced its initial public offering at $25 per share. That lands squarely at the midpoint of its $24 to $26 range.
The company, formally incorporated as Neutron Holdings, is set to trade on the Nasdaq under the ticker symbol LIME, with trading expected to begin around July 1, 2026.
The numbers behind the offering
Lime is offering approximately 6.96 million shares in the deal. At $25 per share, that puts the company’s post-IPO market capitalization at roughly $1.63 billion, based on an estimated 65.1 million shares outstanding after the offering.
Net proceeds are expected to land somewhere between $142 million and $166 million, depending on whether underwriters exercise their overallotment option in full.
