Lime Finalizes IPO, Secures $200M Credit Facility, Repays $115M Debt
LIME is trading near its 52-week low of $23.873 (2.7% above the low) on light trading volume (0.4× avg).
Summary
Lime announced the closing of its IPO, securing $167 million in proceeds, establishing a new $200 million credit facility, and repaying $115 million in existing debt, significantly bolstering its financial position.
Key Events · Financing and Capital Events · LIME
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IPO Closing Confirmed
Neutron Holdings completed its initial public offering on July 2, 2026, selling 6,679,791 shares at $25.00 per share, generating approximately $167 million in gross proceeds for the company.
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New $200M Revolving Credit Facility Secured
The company entered into a new $200.0 million senior secured revolving credit facility with JPMorgan Chase Bank, N.A., providing substantial liquidity and financial flexibility. No amounts have been borrowed under this facility yet.
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Existing Debt Repaid
A $115.0 million senior secured term loan facility (Diameter Credit Agreement) was repaid in full using IPO proceeds, and all associated obligations and liens were terminated.
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Convertible Notes Repaid/Converted
The 2020 and 2021 Convertible Notes were either repaid or converted to common stock, and all related liens were released, further simplifying the company's capital structure.
Analysis · LIME · Technology
Neutron Holdings, operating as Lime, has formally closed its initial public offering, which was priced at $25.00 per share and generated approximately $167 million in gross proceeds for the company. Concurrently, the company secured a new $200 million senior secured revolving credit facility, significantly enhancing its liquidity and financial flexibility. The proceeds from the IPO were used to repay a $115 million senior secured term loan and to repay or convert outstanding convertible notes, substantially strengthening the balance sheet and streamlining the company's debt structure. This comprehensive financial restructuring provides a solid foundation for future operations.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 42.7% of the 288 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.53%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, LIME was trading at $24.52 on NASDAQ in the Technology sector, with a market capitalization of approximately $1.6B. The 52-week trading range was $23.87 to $28.95. This filing was assessed with positive market sentiment and an importance score of 9 out of 10.