Neutron Holdings files for IPO on Nasdaq under ticker LIME
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Neutron Holdings, Inc. has filed for an initial public offering of its common stock on the Nasdaq Global Select Market under the ticker symbol "LIME," according to a prospectus statement.
The company is offering 6,679,791 shares of common stock, while selling stockholders are offering an additional 276,731 shares, bringing the total offering to 6,956,522 shares. Neutron Holdings stated it will not receive proceeds from the shares sold by the selling stockholders.
The company expects to price the shares between $24.00 and $26.00 per share. Neutron Holdings also intends to grant underwriters an option to purchase up to 1,043,478 additional shares.
Prior to this offering, there has been no public market for the company's common stock.
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