00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Lime filed for a U.S. initial public offering on Friday and plans to list on the NASDAQ,
00:07according to Benzinga. The electric bike and scooter operator reported fiscal year
00:132025 revenue of $886.7 million, up 29.1% year over year. Lime reported first quarter revenue
00:22of $170.15 million for the three months ended March 31st, up from $129.015 million a year earlier.
00:32The company operates in about 230 cities across 29 countries and has posted positive free cash flow
00:39for three consecutive years, although it remains loss-making. The filing comes as U.S. IPO activity
00:45rebounds, and companies including SpaceX, OpenAI, Anthropic, and Databricks are expected to pursue
00:52listings in 2026. Venture capitalist Shamath Palihapitiya warned the IPO market could become
00:59overcrowded. For all things money, visit Benzinga.com.
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