Lime, the e-scooter and e-bike rental company backed by Uber, begins an IPO roadshow with an expected valuation of about $1.8 billion. Multiple reports say Lime’s offering is priced at between $24 and $26 per share, reflecting the company’s target valuation for the public debut.
The filings also indicate investor interest from Uber, Lime’s largest shareholder. Uber holds about a 24% stake in Lime, and reports state it has expressed interest in buying additional shares, with one outlet citing interest in up to $20 million worth. Other coverage frames the IPO as a potential opportunity for Uber, given its existing ownership position.
Overall, the sources agree that Lime is moving forward with IPO plans, uses a $24 to $26 share range, and is seeking roughly a $1.8 billion valuation, while highlighting Uber’s significant stake and its reported participation interest. The outlets do not provide further deal details beyond the valuation range, pricing range, and Uber’s stake and indicated interest.
