Uber-backed Lime prices IPO at $25 a share, raising about $174m
Lime priced its IPO at $25 (midpoint), raising ~$174m, signaling steady but cautious demand for a lossmaking micromobility operator. Uber's >10% stake and debt guarantees position it as an anchor backer, improving Lime's credibility but creating limited near-term financial implications for Uber given the non-controlling, non-consolidated nature of the holding. The deal is more a sentiment read-through on IPO risk appetite than a material earnings driver.
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Lime, operated by Neutron Holdings, priced its US IPO at $25 a share, raising roughly $174m in total. The stock is set to trade on the Nasdaq under the ticker LIME. Uber already owns more than 10% of Lime and guarantees some of its debt. Lime’s net loss widened to $59.3m in 2025 and the company has yet to turn a profit.