business
Lime Shares Gain 8% in Nasdaq Debut After $25 IPO Pricing
@YahooFinance reported that Lime completed its initial public offering at $25 per share and raised $174 million. Shares increased 8% on July 1, 2026, reaching a valuation of approximately $1.73 billion. The company operates electric bike and scooter rentals in more than 230 cities.
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Lime shares rose 8% on their Nasdaq debut July 1, 2026, after the company priced its initial public offering at $25 per share. @YahooFinance reported the details, citing Bloomberg and Reuters. Lime and its shareholders raised $174 million through the offering.
The 8% gain valued the company at about $1.73 billion. Lime was founded in 2017 and is headquartered in San Francisco. It provides short-term rentals of electric bikes and scooters in more than 230 cities worldwide.
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