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Market Impact: 0.25

Uber is set for a payday from Lime's IPO — and is interested in doubling down on the scooter bet

IPOs & SPACsPrivate Markets & VentureTransportation & LogisticsCompany Fundamentals

Lime filed an IPO prospectus on Monday and is targeting a share price of $24 to $26. The filing is a constructive step toward public listing for the scooter rental company, with Uber as its largest shareholder. The news is positive for Lime and modestly relevant for comparable mobility and private-market names.

Analysis

Lime filed an IPO prospectus on Monday and is targeting a share price of $24 to $26. The filing is a constructive step toward public listing for the scooter rental company, with Uber as its largest shareholder. The news is positive for Lime and modestly relevant for comparable mobility and private-market names.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.20

Ticker Sentiment

UBER0.15