Lime, a shared bike "unicorn" company that received investment from Uber, has landed on the Nasdaq: The IPO price is $25, with a valuation of $1.6 billion.

According to the Wise Finance APP, Neutron Holdings Inc. (LIME.US) and some of its shareholders raised 174 million US dollars in its initial public offering in the United States, with the price set at the midpoint of the market pricing range. The company, better known as Lime, offers electric scooter and bicycle short-term rental services and is invested in by Uber (UBER.US). The company ultimately priced its stock at $25 per share, previously being offered at a range of $24 to $26 per share. A total of 6.68 million shares were sold, with shareholders including CEO Wayne Ting, President Joseph Kraus, and co-founder Brad Bao selling a total of 276,731 shares. On July 1st, the company is set to officially begin trading on the Nasdaq Global Select Market.