Lime jumps in Nasdaq trading debut

Row of electric scooters outside a glass office building illustrating upbeat LIME IPO debut on Nasdaq

Key Points

01Lime sells 6.68 million shares at $25 in U.S. IPO
02Shares open at $27 on Nasdaq under ticker LIME
03IPO raises about $174 million including secondary sales
04Uber (UBER) serves as anchor investor with up to $20 million commitment

Lime prices U.S. IPO and lists on Nasdaq

Neutron Holdings Inc., the operator of Lime electric scooters and bikes, has completed its U.S. initial public offering, selling 6.68 million shares at $25 per share. The IPO price was set within the marketed range and resulted in total proceeds of about $174 million for the company and selling shareholders combined.

Lime began trading on the Nasdaq on July 1, 2026, under the ticker symbol LIME. The listing provides the company with access to public equity markets as it seeks capital to support its operations and growth plans.

The offering included both primary shares sold by Lime and secondary shares sold by certain existing shareholders. Named selling shareholders included members of the senior leadership and founding team, alongside the company’s own capital raise.

Strong first-day trading performance

Lime’s stock opened its first trading session at $27, an 8%–9% increase over the $25 IPO price. The early price move signals initial investor demand for the newly listed shares.

The opening price implies a higher market value for the company than the valuation implied directly by the offer price. The gap between the offer and opening levels underscores the interest generated during the debut session.

Anchor support from Uber

Uber (UBER) acted as an anchor investor in Lime’s IPO, indicating it may purchase up to $20 million of stock at the offering price. This commitment added a notable strategic shareholder to the book of investors participating in the deal.

The anchor role provided additional support to the transaction by signaling demand for the stock at the IPO terms. Uber (UBER)’s indicated participation is part of the broader investor base assembled for the listing.

Financial profile at time of listing

Ahead of its Nasdaq debut, Lime reported 2025 revenue of about $886.7 million, reflecting substantial scale in its scooter and bike rental operations. Despite this revenue base, the company remained unprofitable.

Lime posted a net loss of $59.3 million for 2025, highlighting that it continues to invest heavily in its business. The financial profile at the time of listing combines rapid revenue generation with ongoing losses.

These figures frame investor expectations as the newly public company trades on Nasdaq, with the IPO proceeds and public listing status positioning Lime for its next phase of development.

Key Takeaways

01Lime’s IPO combined primary and secondary shares to raise about $174 million, strengthening its capital position while enabling some existing holders to sell.
02A first-day open at $27, above the $25 issue price, shows that initial demand supported trading above the IPO level.
03Uber’s role as an anchor investor adds a large strategic backer to Lime’s shareholder base at the time of listing.

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