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Ryde Group Ltd. - $RYDE STOCK NEWS

Welcome to our dedicated page for Ryde Group Ltd. news (Ticker: $RYDE), a resource for investors and traders seeking the latest updates and insights on Ryde Group Ltd. stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Ryde Group Ltd.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Ryde Group Ltd.'s position in the market.

Rhea-AI Summary
Ryde Group , a technology company based in Singapore, celebrated its IPO success by participating in the New York Stock Exchange closing bell ceremony. The IPO sold 3,000,000 Class A ordinary shares at US$4.00 per share, generating US$12,000,000 in gross proceeds. Ryde aims to expand into new markets and invest in technology to drive future growth and revenue.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.46%
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Rhea-AI Summary
Singapore ride-hailing and carpooling company Ryde has made history by listing on the NYSE American under the ticker symbol 'RYDE', becoming the first Singapore ride-hailing startup to undergo an IPO on the New York Stock Exchange. Ryde's commitment to sustainability and innovative transportation solutions positions it as a pioneering force in the industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
23.49%
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none
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Rhea-AI Summary
Ryde Group Ltd, a technology company in Singapore, completed an initial public offering of 3,000,000 Class A ordinary shares at $4.00 per share, raising $12,000,000. The shares are now trading on NYSE American under the symbol 'RYDE'. The underwriters have an option to purchase an additional 450,000 shares. The Offering is managed by Maxim Group LLC.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
17.15%
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Rhea-AI Summary
Ryde Group Ltd announces the pricing of its IPO of 3,000,000 Class A ordinary shares at $4.00 per share, aiming to raise $12,000,000 before expenses. The shares will trade on NYSE American under the symbol 'RYDE'. The Offering is expected to close on March 8, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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Ryde Group Ltd.

NYSE:RYDE

RYDE Rankings

RYDE Stock Data

115.83M
15.57M
United States of America