Home / Business and Economy / Electric Scooter Firm Lime IPO Soars
Electric Scooter Firm Lime IPO Soars
1 Jul
Summary
- Lime's shares surged 8% in its Nasdaq debut on Wednesday.
- The company raised $167 million in its U.S. IPO.
- The electric scooter and bike operator was valued at $1.73 billion.
Lime, an electric scooter and bike operator, achieved an 8% increase in its shares during its Nasdaq debut on Wednesday, July 1, 2026. The company's Initial Public Offering in the U.S. successfully raised $167 million.
This significant funding event valued the company at approximately $1.73 billion. Its shares opened at $27, surpassing the initial offering price set at $25. The strong market reception highlights investor confidence in Lime's business model.
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