Lime's IPO Gamble: Scooter Company Warns It May Run Out of Money

Lime, the electric scooter and bike company, filed to go public on May 8, 2026, with a stark warning: it owes roughly $1 billion and doesn't have enough cash on hand to pay those debts soon. The company is essentially betting its survival on the IPO succeeding—or on convincing lenders to give it more time. Such a blunt warning is unusual for a company asking the public to invest in it.