Lime Energy Co. (LIME)
NASDAQ (NGS) NASDAQ (NGS) Primary Summary
Lime raises $167M in IPO after years of teasing a public debut
Micromobility company Lime has raised $167 million in its IPO.
Lime IPO: Amuse bouche before the trillion dollar listings of Anthropic and OpenAI
Lime's listing is the amuse-bouche before the trillion-dollar feast Lime raising $167 million is small enough to round to zero against what is coming, which is precisely why it is worth watching. The electric scooter firm is a test dish, sent out to see whether the market's palate has recovered after the Iran-induced volatility that shut the IPO kitchen for weeks.
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Lime Energy Co. Profile
| Energy Equipment & Services Industry | Energy Sector | Wayne Ting CEO | NASDAQ (NGS) Exchange | 64125S104 CUSIP |
| US Country | 1,148 Employees | - Last Dividend | 13 Feb 2017 Last Split | - IPO Date |
Overview
Neutron Holdings, Inc., which operates under the brand name Lime, specializes in providing shared electric vehicle services, primarily through e-bikes and e-scooters designed for short-term rentals. As a prominent player in the global micromobility industry, Lime collaborates with various cities to enhance urban transportation options. The company has successfully facilitated over 1 billion rides across five continents, highlighting its expansive reach and commitment to sustainable transportation solutions.
Products and Services
- E-Bikes:
Lime offers electric bicycles as a convenient and eco-friendly mode of transportation. These e-bikes are designed for ease of use, featuring robust design and pedal-assist capabilities, making them suitable for navigating urban environments while promoting a healthier lifestyle.
- E-Scooters:
The electric scooters provided by Lime are lightweight and ideal for short-distance travel. Available for rental in various city locations, these scooters enable users to quickly and efficiently maneuver through traffic and crowded areas, thereby reducing congestion and lowering carbon footprints.
