Lime, the electric scooter and bicycle rental company with a strong presence in major European cities including Budapest, is preparing to take its shares public.
The move marks a significant milestone for the micromobility provider, which has grown into one of the world's largest operators in its niche over the past few years.
However, the listing comes at a time when investor sentiment toward unprofitable growth companies remains fragile.
The decision to go public highlights the ongoing tension between venture-backed scaling and the demand for profitability in public markets.
Lime has expanded its fleet and geographic footprint aggressively, but like many peers in the shared mobility space, it has yet to demonstrate consistent, large-scale profitability.
Investors will be scrutinizing the company's unit economics, path to cash-flow positivity, and the sustainability of its market share in an increasingly competitive urban transport landscape.