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Accesswire
16 days ago
Ryde Announces Pricing of US$14 Million Offerings - Comprising US$12 Million Private Placement and US$2 Million Registered Direct Offering
SINGAPORE, SG / ACCESS Newswire / December 3, 2025 / Ryde Group Ltd (NYSE American:RYDE) (" Ryde " or the " Company "), a leading technology platform for mobility and quick commerce headquartered in Singapore, announced that it has entered into a securities purchase agreement with several investors for a private placement of 33,334,000 Class A ordinary shares and a registered direct offering of 5,556,000 Class A ordinary shares at an offering price of US$0.36 per class A share, for a total gross proceeds of approximately US$14 million (the " Offerings "), before deducting offering expenses, in a private placement and registered direct offering. The Company did not engage any placement agent for the Offerings.