Ryde Announces Pricing of US$14 Million Offerings - Comprising US$12 Million Private Placement and US$2 Million Registered Direct Offering

Rhea-AI Summary

Ryde (NYSE American: RYDE) announced priced offerings totaling approximately US$14 million consisting of a US$12 million private placement of 33,334,000 Class A ordinary shares and a US$2 million registered direct offering of 5,556,000 Class A ordinary shares at US$0.36 per share.

The registered direct offering is being made under an effective Form F-3 shelf (File No. 333-288587) declared effective on September 2, 2025. The company said the offerings are expected to close on or about December 3, 2025 (registered direct) and December 9, 2025 (private placement), subject to customary conditions.

Ryde did not engage a placement agent and currently intends to use net proceeds for working capital and general corporate purposes. A prospectus supplement will be filed with the SEC and copies will be available at www.sec.gov.

Positive

• Gross proceeds of approximately US$14 million
• Issuance of 38,890,000 Class A shares total
• Registered direct offering covered by effective Form F-3

Negative

• Share issuance of 38,890,000 may dilute existing shareholders
• Offerings close on short timeline (Dec 3 and Dec 9, 2025)

News Market Reaction

-1.12%

3 alerts

-1.12% News Effect

+7.7% Peak Tracked

-$429K Valuation Impact

$38M Market Cap

0.6x Rel. Volume

On the day this news was published, RYDE declined 1.12%, reflecting a mild negative market reaction. Argus tracked a peak move of +7.7% during that session. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $429K from the company's valuation, bringing the market cap to $38M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Total gross proceeds: US$14 million Private placement size: US$12 million Registered direct size: US$2 million +5 more

8 metrics

Total gross proceeds US$14 million Combined private placement and registered direct offering

Private placement size US$12 million Gross proceeds from private placement

Registered direct size US$2 million Gross proceeds from registered direct offering

Private placement shares 33,334,000 shares Class A ordinary shares in private placement

Registered direct shares 5,556,000 shares Class A ordinary shares in registered direct offering

Offering price US$0.36 per share Price for both private placement and registered direct

Shelf file number File No. 333-288587 Form F-3 shelf registration used for registered direct

Shelf effectiveness date September 2, 2025 Date Form F-3 was declared effective by SEC

Market Reality Check

Price: $0.2830 Vol: Volume 80,771 is below th...

normal vol

$0.2830 Last Close

Volume Volume 80,771 is below the 20-day average of 90,274 ahead of the offerings. normal

Technical Price at 0.4687 is trading above the 200-day MA of 0.34 prior to the offerings.

Peers on Argus

RYDE was up 6.12% while key software peers like JTAI, EPWK, BNZI and WCT showed ...

1 Up

RYDE was up 6.12% while key software peers like JTAI, EPWK, BNZI and WCT showed declines and only VS appeared in momentum scanners, indicating a stock-specific move around the financing news.

Historical Context

5 past events · Latest: Dec 10 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 10	EV expansion	Positive	+6.1%	Announced strategic expansion into electric vehicle rental market with up to 400 EVs.
Dec 09	Upskilling program	Positive	+0.3%	Completed driver-partner facilities and security management upskilling programme.
Dec 03	Equity offering	Negative	-1.1%	Announced US$14M combined private placement and registered direct share offerings.
Nov 18	Partnership launch	Positive	+5.8%	Launched Weixin/WeChat Mini Program with Tencent Cloud for Chinese visitors.
Nov 06	Loyalty partnership	Positive	+4.8%	Partnered with Kris+ to let members redeem miles for discounted Ryde rides.

Pattern Detected

Recent strategic and partnership news has generally seen positive price alignment, while equity financings, including this offering, drew a modest negative reaction.

Recent Company History

Over the past two months, Ryde has combined capital-raising with strategic expansion. On October 20, 2025, it closed a private offering, followed by another US$14 million in gross proceeds announced on December 3, 2025. In parallel, Ryde expanded partnerships with Kris+ and Tencent Cloud and pursued an EV rental program targeting up to 400 vehicles. These moves highlight a pattern of funding growth initiatives while navigating listing-compliance and capital needs, into which this latest offering fits.

Regulatory & Risk Context

Active S-3 Shelf

Shelf Active

Active S-3 Shelf Registration 2025-07-09

Ryde has an active Form F-3 shelf registration dated 2025-07-09, expiring on 2028-07-09. It has been used in at least 2 prospectus supplements, including a 424B5 on 2025-12-03, providing a mechanism for registered offerings alongside private placements.

Market Pulse Summary

This announcement details Ryde’s plan to raise about US$14 million via a US$12 million private place...

Analysis

This announcement details Ryde’s plan to raise about US$14 million via a US$12 million private placement and a US$2 million registered direct offering at US$0.36 per share, with proceeds earmarked for working capital and general corporate purposes. The registered direct uses an effective Form F-3 shelf (File No. 333-288587). In context of recent partnerships and EV expansion, investors may monitor execution on growth plans, future equity usage under the shelf, and progress on NYSE American listing compliance.

Key Terms

securities purchase agreement, private placement, registered direct offering, shelf registration statement, +4 more

8 terms

securities purchase agreement financial

"announced that it has entered into a securities purchase agreement with"

A securities purchase agreement is a written contract between a buyer and a seller outlining the terms for buying or selling financial assets such as stocks or bonds. It specifies details like the price, quantity, and conditions of the transaction, similar to a shopping list with agreed-upon terms. For investors, it provides clarity and legal protection when transferring ownership of these financial instruments.

private placement financial

"for a private placement of 33,334,000 Class A ordinary shares"

A private placement is a way for companies to raise money by selling securities directly to a small group of investors instead of through a public offering. This process is often quicker and less regulated, making it similar to offering a special, exclusive investment opportunity to select individuals or institutions. For investors, it can provide access to unique investment options that are not available on public markets.

registered direct offering financial

"and a registered direct offering of 5,556,000 Class A ordinary shares"

A registered direct offering is a way for a company to sell new shares of its stock directly to select investors with regulatory approval. This method allows the company to raise funds quickly and efficiently without needing a public auction, similar to offering exclusive access to a limited number of buyers. For investors, it often provides an opportunity to purchase shares at a favorable price, while giving the company immediate access to capital.

shelf registration statement regulatory

"is being made pursuant to an effective shelf registration statement on Form F-3"

A shelf registration statement is a document a company files with regulators that allows it to sell shares or bonds quickly when it’s a good time to raise money. It’s like having a pre-approved plan ready so the company can act fast without going through lengthy paperwork each time they want to sell, making fundraising more flexible.

Form F-3 regulatory

"registration statement on Form F-3 (File No. 333-288587) previously filed"

Form F-3 is a U.S. securities filing that lets eligible foreign companies pre-register and then quickly sell shares or other securities to raise money, because they already meet ongoing reporting and size tests. For investors it signals that the company is up-to-date with regulatory disclosure and has an efficient way to issue new securities — similar to a pre-approved credit line — which can mean faster capital raises but also potential dilution of existing holdings.

prospectus supplement regulatory

"A prospectus supplement relating to the securities to be issued"

A prospectus supplement is an additional document provided alongside a company's main offering details, offering updated or extra information about a specific financial product being sold. It helps investors understand the latest terms, risks, and details of the investment, similar to how an update or revision clarifies or expands on original instructions, ensuring they have current and complete information before making a decision.

U.S. Securities and Exchange Commission regulatory

"declared effective by the U.S. Securities and Exchange Commission (" SEC ")"

The U.S. Securities and Exchange Commission is a government agency responsible for overseeing the stock market and protecting investors. It sets rules to ensure that companies share truthful information and that trading is fair, helping to maintain trust in the financial system. This oversight is important because it helps prevent fraud and ensures that investors can make informed decisions.

registration or qualification regulatory

"prior to the registration or qualification under the securities laws of any"

Registration or qualification is the process of officially confirming that an individual or entity meets certain standards or requirements to participate in a specific activity or industry. It acts like a formal sign-up, ensuring that participants are authorized and capable, which helps protect interests and maintain trust. For investors, it’s important because it indicates that the person or organization has necessary credentials, making their actions or offerings more reliable.

AI-generated analysis. Not financial advice.

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.

The Company currently intends to use the net proceeds from the Offerings for working capital and general corporate purposes. The registered direct offering and private placement are expected to close on or about December 3, 2025 and December 9, 2025, respectively, subject to the satisfaction of customary closing conditions.

The registered direct offering is being made pursuant to an effective shelf registration statement on Form F-3 (File No. 333-288587) previously filed with and subsequently declared effective by the U.S. Securities and Exchange Commission (" SEC ") on September 2, 2025. A prospectus supplement relating to the securities to be issued in the Offering will be filed by the Company with the SEC. When available, copies of the prospectus supplement relating to the Offering, together with the accompanying prospectus, can be obtained at the SEC's website at www.sec.gov.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

About Ryde Group Ltd

Ryde is a super mobility app founded in Singapore and recognized as the world's FIRST on-demand carpooling app since 2014. As a publicly listed company on the NYSE American, Ryde is reimagining the way people and goods move around by offering a full suite of services, including carpooling, private hire, taxi, and delivery. What distinguishes Ryde is its commitment to empowering private-hire and taxi partners by taking 0% commission, ensuring that drivers retain more of their hard-earned earnings. For more information, please visit https://rydesharing.com/.

Contact

For Media Relations:

Media Team
Ryde Group Ltd
Email: media@rydesharing.com

FORWARD-LOOKING STATEMENTS

Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the expected trading commencement and closing dates. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors. Any forward-looking statements contained in this press release speak only as of the date hereof, and Ryde Group Ltd specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

SOURCE: Ryde Group

View the original press release on ACCESS Newswire

FAQ

What did Ryde (RYDE) announce on December 3, 2025?

Ryde priced offerings to raise approximately US$14 million via a private placement and a registered direct offering at US$0.36 per share.

How many shares is Ryde issuing in the December 2025 offerings?

Ryde is issuing a total of 38,890,000 Class A shares (33,334,000 private placement; 5,556,000 registered direct).

When are the Ryde (RYDE) offerings expected to close?

The registered direct offering is expected to close on or about December 3, 2025 and the private placement on or about December 9, 2025, subject to conditions.

What is Ryde's intended use of proceeds from the US$14 million offering?

The company intends to use net proceeds for working capital and general corporate purposes.

Was a placement agent engaged for Ryde's December 2025 offerings?

No; the company did not engage any placement agent for the offerings.

Where can investors find the Ryde prospectus supplement for the registered direct offering?

The prospectus supplement will be filed with the SEC and will be available at www.sec.gov when posted.