LME - Limeade, Inc.

[System]

Limeade is a leading provider of employee experience software solutions to enterprise customers. Limeade has over 230 employees and is headquartered in Bellevue, Washington State, US, with offices in Canada and Germany.

Employee experience represents the totality of circumstances, events, interactions and personal moments that impact employees' relationships with, and performance within, their organisations.

Through the Limeade platform and its integrated software solutions, Limeade helps organisations better care for their employees, with the goal of driving higher employee engagement and well-being, and lower employee turnover.

Limeade currently has a customer base of more than 175 companies with over 2.4 million users in more than 100 countries.

It is anticipated that LME will list on the ASX on 20 December 2019.

https://www.limeade.com

 

[Dona Ferentes]

Limeade is a mobile-first, software-as-a-service (SaaS) company that operates in the employee experience and well-being market. The company’s flagship well-being solution is a cloud-based offering targeted at enterprises to improve employee communications and culture, which we think will be increasingly important given more staff are working outside of the office. We like SaaS revenue models and low customer churn because they tend to deliver a high level of recurring revenue at high incremental gross profit margins. Limeade is attractively priced as it trades at a discount to SaaS peers with comparable growth rates, so we expect it to perform well in 2021.

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mushy. " Limeade, Inc. (LME) is a provider of employee experience software solutions to enterprise customers. Through its software solutions, it helps organisations better care for their employees and evaluate the employee experience and infuse care across all levels of an organisation." Yikes

 

[Dona Ferentes]

mush try harder .... from Livewire Markets:

Limeade Inc (ASX: LME)​

Limeade is an employee well-being SaaS application that provides solutions for well-being at work. It also provides listening tools to improve employee engagement and offers an integrated app-based solution that allows for individual health-related tailoring programs for improved health outcomes. These tailoring solutions include diet-based solutions, exercise solutions and other healthcare solutions such as dental appointments. Limeade shares increased 229% in June following the announcement that the company had signed a definitive merger agreement in which WebMD Health Services will acquire Limeade for $0.425 per share/CDI. The offer represented a 325% premium to the last traded price of Limeade prior to the announcement.

The offer values Limeade at $111.5 million on a fully diluted basis. The agreement was unanimously approved by the Board, however the transaction remains subject to a number of conditions, including approval by shareholders, with a shareholder meeting to be scheduled in mid/late August. While the offer represented a significant premium to the trading price of Limeade, the company was trading at near all-time lows prior to the announcement and is well below the $1.85 listing price in December 2019

 

[System]

On August 10th, 2023, Limeade Inc. (LME) was removed from the ASX's Official List in accordance with Listing Rule 17.11, following the completion of the merger agreement between LME and WebMD Health Corp.