Lime Files for $2 Billion IPO

Uber-backed eMobility firm Lime has officially filed for an initial public offering (IPO) with the Securities and Exchange Commission (SEC). The company, operating under its parent Neutron Holdings, aims for a valuation of approximately $2 billion. This move signals Lime's intention to transition from a privately held startup to a publicly traded entity, potentially unlocking new avenues for growth and investment in the burgeoning micro-mobility sector. The filing indicates a significant step for the e-bike and scooter rental service as it prepares to enter the public markets.