Business & Finance
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.
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