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Uber-Backed Lime, Investors Said to Price IPO at $25 Per Share

Uber-Backed Lime, Investors Said to Price IPO at $25 Per Share
Key Points

, Investors Said to Price IPO at $25 Per Share Neutron Holdings Inc., better known as Lime, priced its initial public offering at $25 per share, the midpoint of the marketed range, according to a person familiar with the matter. The Uber Technologies Inc.-backed company, which offers short-term electric scooter and bike rentals, marketed the stock for $24 to $26 each. The company offered 6.68 million shares and shareholders including Chief Executive Officer Wayne Ting, President Joseph Kraus...

Uber-Backed Lime, Investors Said to Price IPO at $25 Per Share Neutron Holdings Inc., better known as Lime, priced its initial public offering at $25 per share, the midpoint of the marketed range, according to a person familiar with the matter. The Uber Technologies Inc.-backed company, which offers short-term electric scooter and bike rentals, marketed the stock for $24 to $26 each. The company offered 6.68 million shares and shareholders including Chief Executive Officer Wayne Ting, President Joseph Kraus and Co-Founder Brad Bao offered 276,731 shares. [Image text:] 170/r O/ride' Prime Lime Lime Lime On Lime
Price IPO (ORG) Share Neutron Holdings Inc. (ORG) Lime (ORG) The Uber Technologies Inc.-backed (ORG) Wayne Ting (PERSON) Joseph Kraus (PERSON) Brad Bao (PERSON)
Originally published by Bloomberg Technology Read original →