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Lime, the Uber-backed micromobility company, files for IPO

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Key summary

2 min read
  1. Uber-backed micromobility company Lime has filed for an IPO with the SEC and plans to list on Nasdaq under the ticker LIME.

  2. The company said revenue is rising, but it is still posting losses.

  3. Lime also disclosed significant upcoming debt obligations and said it will need additional financing.

  4. The filing puts one of the best-known scooter and e-bike startups to the test in public markets.

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