Reuters: IPOX® Associate Muehlbauer Comments on Lime’s U.S. IPO Valuation and Market Risks

Reuters reported that Uber-backed Lime is seeking a valuation of up to $1.66 billion in its U.S. IPO, as the electric bike and scooter network operator looks to enter the public markets amid improving investor appetite for new listings. Lime and selling shareholders are seeking to sell about 6.96 million shares priced between $24 and $26 apiece, raising up to $181.9 million.

IPOX® Associate Lukas Muehlbauer was quoted in the article, providing analysis on Lime’s valuation, financial profile, and potential market reception. His commentary highlighted Lime’s scale, global footprint, and cash generation, while also noting business risks tied to seasonality, regulation, asset intensity, and city-level permits.

“The valuation does not look excessive, because Lime is already large, global, and cash-generative, with decent financials as revenue has grown quickly over the past three years,” said IPOX Research Associate Lukas Muehlbauer.

“The stock may still trade at a discount, because the business is seasonal, regulated, asset-heavy, and exposed to city-level permit risk,” Muehlbauer added.

Read the full article by Utkarsh Shetti on Reuters: Uber-backed Lime seeks up to $1.66 billion valuation in US IPO