Lime raised $167 million in its initial public offering on July 1, 2026, selling 6.68 million shares at $25 each. The company's shares began trading on the Nasdaq stock exchange under the ticker "LIME" on July 1. In its May IPO filing, the company expressed "substantial doubt" about its ability to continue as a going concern.

The $25 share price was at the mid-point of the $24 to $26 price range. The IPO values Lime at approximately $1.66 billion. Lime stated it needs the IPO proceeds to pay around $1 billion in liabilities, with more than half of these liabilities due by the end of 2026. In the first hour of trading, Lime shares gained approximately 9%.

In 2021, CEO Wayne Ting stated the company was eyeing an IPO in 2022. In 2023, Ting said that Lime was waiting for the right market conditions for an IPO. In 2021, the company completed a $523 million funding round.

Other companies in the micromobility sector have experienced financial difficulties. Bird filed for bankruptcy protection and restructured after going public, while Tier and Dott merged. Additionally, Micromobility.com was delisted from major exchanges, and Superpedestrian ceased operations.

Lime generated $521 million in revenue in 2023, $686.6 million in 2024, and $886.7 million in 2025. The company reported a loss of $122.3 million in 2023, $33.9 million in 2024, and $59.3 million in 2025. Lime operates in 230 cities across 29 countries. Uber owns a 24% stake in Lime and accounted for more than 14% of Lime's revenue in 2025.