Lime Shares Open at $27 in Nasdaq Debut Valued at $1.6 Billion
Lime, the operator of electric scooters and bicycles, opened at $27 on the Nasdaq on Wednesday, gaining 8% from its initial offering price of $25 per share. The public debut valued the company at approximately $1.6 billion as it raised $167 million in secondary sales, while the company itself raised an additional $7 million, bringing the total proceeds to $174 million.
The offering comes as Uber Technologies Inc., which holds a 22% stake in Lime, supported its entry into the public markets. Lime’s shares began trading under the ticker symbol LIME. The company reported $60 million in losses on $890 million in sales for 2025, a financial profile that mirrors broader challenges in the micromobility sector after rival Bird Holdings Inc. saw its valuation collapse by 97% following a SPAC debut before filing for bankruptcy in December 2023.
From the sources (8 posts)
@yahoofinanceLime begins trading today, raising $167 million in its IPO. CEO @wayneting on why now is the right time to go public:
@polymarketmoneyJUST IN: Uber backed scooter and e bike company opens at $27 in its Nasdaq debut.
@polymarketmoneyJUST IN: Uber backed scooter and e-bike company Lime opens at $27 in its Nasdaq debut.
@businessThe operator of Lime electric scooters and bikes gained 8% after the company and some of its shareholders raised $174 million in an initial public offering.
@stockmktnewzLime Bike is now a public company
@wallstengineNEUTRON HOLDINGS $LIME OPENS AT $27 IN NASDAQ DEBUT, ABOVE ITS $25 IPO PRICE
@negligible_cap$LIME IPO’d today at a $1.6B valuation (yes, the electric scooter rental company). $UBER owns 22% of the company. LIME lost $60m in 2025 on $890m in sales Reminds me of the good old days back in November of 2021 when $BRDS (Bird, the othe
@yahoofinanceElectric scooter and e-bike company $LIME has slightly risen from its initial public offering of $25 per share. Keep up with Lime in AlphaSpace: