Lime files for a Nasdaq IPO under the LIME ticker, the first big micromobility test in eight years

The San Francisco scooter-and-e-bike operator goes public as Neutron Holdings with Goldman Sachs and JPMorgan as joint book-runners. $686m in 2024 revenue and two consecutive years of free cash flow give it a financial profile that the rest of the category never reached.

Lime, the Uber-backed shared scooter and e-bike operator, filed for a US IPO on Friday under its corporate name Neutron Holdings. The San Francisco-based company plans to list on Nasdaq under the ticker LIME.

Goldman Sachs and JPMorgan are leading the syndicate. Pricing terms, share count, and target valuation were not disclosed in the initial filing.

The S-1 lands at the end of a quiet stretch. The IPO market reopened in March after the spring slowdown that followed Middle East tensions and equity-market volatility, and a queue of AI-infrastructure, defence, and biotech filers has worked through it.

Lime is the first significant urban-mobility name to test public-market ...