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Lime Files Nasdaq IPO, Aims to Repay $1B Debt

5/9/2026

48 7 Full Breakdown

Summary

Lime IPO

Lime filed for a Nasdaq IPO under ticker LIME on May 8, 2026.
Goldman Sachs, JPMorgan Chase and Jefferies lead, with Morgan Stanley as co-lead.
Lime reported 2025 revenue of $886.7 million, a $59.3 million net loss, $1 billion liabilities, planning to use IPO proceeds for debt repayment.
Uber holds >10% of Lime, with its app contributing about 14% of 2025 revenue.
Lime operates in 230 cities with 3.8 million monthly active users, up 21%.

Summary

Lime IPO

Neutron Holdings, the parent of Lime, filed a confidential S-1 registration statement on October 29 2025 before its public filing on May 8 2026.
The prospectus estimates the IPO could raise about $250 million, though pricing terms were not disclosed.
Goldman Sachs, JPMorgan Chase and Jefferies are listed as lead underwriters for the offering.
Evercore ISI, Citizens JMP and KeyBanc Capital Markets serve as joint bookrunners alongside the lead banks.

History

Historical Context

Uber’s May 10 2019 Nasdaq IPO raised $8.1 billion, valuing the company at $82 billion and confirming investor appetite for platform-based transport. The offering built on SoftBank’s earlier $10 billion investment in November 2017 and a $9 billion consortium deal that made SoftBank Uber’s largest shareholder until its 2022 exit. The deal set a precedent for later micro-mobility listings such as Lime.

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Lime IPO

Lime filed for a Nasdaq IPO under ticker LIME on May 8, 2026.
Goldman Sachs, JPMorgan Chase and Jefferies lead, with Morgan Stanley as co-lead.
Lime reported 2025 revenue of $886.7 million, a $59.3 million net loss, $1 billion liabilities, planning to use IPO proceeds for debt repayment.
Uber holds >10% of Lime, with its app contributing about 14% of 2025 revenue.
Lime operates in 230 cities with 3.8 million monthly active users, up 21%.

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