Financing ·
Neutron Holdings, Inc. completed its initial public offering of 6,956,522 shares of common stock at $25.00 per share…
LIMENeutron Holdings, Inc.
Neutron Holdings, Inc. completed its initial public offering of 6,956,522 shares of common stock at $25.00 per share, generating approximately $167 million in gross proceeds. The company entered into a new $200.0 million senior secured revolving credit facility with JPMorgan Chase Bank, N.A. to be secured by substantially all assets. Additionally, the company used IPO proceeds to fully repay $115.0 million in outstanding senior secured term loan facility obligations under the previous Diameter Credit Agreement. Neutron Holdings, Inc. is a technology company providing mobility and transportation services.