user-generated· legal
Lime misses IPO deadline and defaults on $675.8M debt due 2026
Lime explicitly states in its S-1 that failure to raise capital via IPO or alter debt agreements could prevent it from continuing operations. The firm faces a $675.8M debt payment due by December 31, 2026, with insufficient liquidity to cover it.
- Implied probability (Yes)
- 58%
Loading…