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Lime Electric Bike Rental Firm Gains 8% After $174 Million IPO
2 sourcesFirst reported 20 days agoUpdated 20 days ago
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What all sources covered
- Lime, an electric bike and scooter rental company, completed an initial public offering (IPO) raising $174 million.
- The company's stock rose 8% following the IPO announcement.
- Lime stated that it aims to utilize the funds to address approximately $1 billion in liabilities.
- This IPO comes after several years of speculation regarding the company's public debut.
2 sources
Who reported first
BloombergFirst
TechCrunch+1m
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