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Lime raises $167M in IPO after years of teasing a public debut
Lime has finally gone public, raising $167 million in its much-anticipated IPO. With shares quickly gaining 9%, the company now holds a valuation of $1.66 billion. However, with $1 billion in liabilities looming, this move is crucial for th...
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Lime has finally gone public, raising $167 million in its much-anticipated IPO. With shares quickly gaining 9%, the company now holds a valuation of $1.66 billion. However, with $1 billion in liabilities looming, this move is crucial for their survival in the competitive micromobility market. #IPO #Lime #Micromobility #Investing #StockMarket
Originally reported by TechCrunch.
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