Lime Sets IPO Price at $25 Per Share, Sources Say

Lime, the electric scooter and bike-sharing company backed by Uber, has set the price for its U.S. stock market debut at $25 per share, according to a Bloomberg News report published Tuesday.

The pricing lands at the midpoint of the range Lime had been offering to potential investors, Bloomberg said, citing a source with knowledge of the matter.

Reuters reached out to Lime for confirmation, but the company had not responded by the time the report was published, as the inquiry came outside of normal business hours.