Ryde Receives a Warning Letter from NYSE American LLC
Ryde Group (NYSE:RYDE) received a Warning Letter from NYSE American dated October 24, 2025 for failing to disclose a material transaction entered on October 6, 2025 (New York) prior to trading on October 7, 2025, in breach of Section 401(a) of the NYSE American Company Guide. NYSE Regulation noted an unusual price increase and volume on October 7, 2025 and said immediate disclosure was required under the Exchange's policy.
The company acknowledges the violation, says it will enhance procedures for disseminating material information, and is publicly disclosing the warning letter under Section 401(j) of the Company Guide.
Ryde Group (NYSE:RYDE) ha ricevuto una Lettera di avvertimento dalla NYSE American datata 24 ottobre 2025 per non aver divulgato una transazione materiale conclusa il 6 ottobre 2025 (New York) prima della negoziazione del 7 ottobre 2025, in violazione della Sezione 401(a) della NYSE American Company Guide. La NYSE Regulation ha rilevato un aumento insolito di prezzo e volume il 7 ottobre 2025 e ha affermato che la divulgazione immediata era richiesta secondo la politica della Borsa.
La società riconosce la violazione, afferma che rafforzerà le procedure per la diffusione di informazioni materiali e sta pubblicando pubblicamente la lettera di avvertimento ai sensi della Sezione 401(j) della Company Guide.
Ryde Group (NYSE:RYDE) recibió una Carta de advertencia de NYSE American con fecha del 24 de octubre de 2025 por no divulgar una operación material realizada el 6 de octubre de 2025 (Nueva York) antes de operar el 7 de octubre de 2025, incumpliendo la Sección 401(a) de la NYSE American Company Guide. La NYSE Regulation señaló un aumento inusual de precio y volumen el 7 de octubre de 2025 y afirmó que la divulgación inmediata era requerida bajo la política de la Bolsa.
La empresa reconoce la violación, dice que mejorará los procedimientos para la difusión de información material y está divulgando públicamente la carta de advertencia conforme a la Sección 401(j) de la Company Guide.
Ryde Group (NYSE:RYDE)은 2025년 10월 24일자로 NYSE American으로부터 경고서를 받았으며, 2025년 10월 6일(뉴욕)에 체결된 실질적 거래를 2025년 10월 7일에 거래하기 전에 공개하지 않아 NYSE American Company Guide의 제401(a)항을 위반한 것으로 지목되었습니다. NYSE Regulation은 2025년 10월 7일에 비정상적인 가격 상승과 거래량을 관찰했고, 거래소 정책에 따라 즉시 공시가 필요하다고 밝혔습니다.
회사는 위반을 인정하고, 실질적 정보를 공시하는 절차를 강화하겠다고 밝히고 있으며, 제401(j)항에 따라 경고서를 공개적으로 공시하고 있습니다.
Ryde Group (NYSE:RYDE) a reçu une Lettre d’avertissement de NYSE American datée du 24 octobre 2025 pour ne pas avoir divulgué une transaction matérielle conclue le 6 octobre 2025 (New York) avant la négociation du 7 octobre 2025, en violation de la Section 401(a) du NYSE American Company Guide. NYSE Regulation a noté une hausse de prix et de volume inhabituelle le 7 octobre 2025 et a indiqué qu’une divulgation immédiate était requise en vertu de la politique de la Bourse.
La société reconnaît la violation, indique qu’elle renforcera les procédures de diffusion des informations matérielles et publie publiquement la lettre d’avertissement conformément à la Section 401(j) du Company Guide.
Ryde Group (NYSE:RYDE) erhielt ein Warnschreiben von der NYSE American mit Datum vom 24. Oktober 2025, weil eine materielle Transaktion, die am 6. Oktober 2025 (New York) abgeschlossen wurde, vor dem Handel am 7. Oktober 2025 nicht offengelegt wurde, was gegen Abschnitt 401(a) des NYSE American Company Guide verstößt. Die NYSE Regulation vermerkte am 7. Oktober 2025 einen ungewöhnlichen Anstieg des Preises und des Handelsvolumens und erklärte, dass eine sofortige Offenlegung gemäß der Richtlinie der Börse erforderlich sei.
Das Unternehmen bestätigt die Verletzung, sagt, es werde Verfahren zur Verbreitung materialer Informationen verbessern, und veröffentlicht den Warnbrief gemäß Abschnitt 401(j) des Company Guide öffentlich.
Ryde Group (NYSE:RYDE) تلقت رسالة تحذير من NYSE American بتاريخ 24 أكتوبر 2025 بسبب الفشل في الكشف عن معاملة ذات طبيعة مادية أُبرمت في 6 أكتوبر 2025 (نيويورك) قبل التداول في 7 أكتوبر 2025، بما يخالف القسم 401(a) من دليل الشركة في NYSE American. أشارت NYSE Regulation إلى زيادة سعرية وحجم تداول غير عادي في 7 أكتوبر 2025 وقالت إن الكشف الفوري مطلوب بموجب سياسة البورصة.
تقر الشركة بالانتهاك، وتقول إنها ستحسن إجراءات نشر المعلومات الهامة، وتقوم علناً بالكشف عن رسالة التحذير وفقاً للقسم 401(j) من دليل الشركة.
Ryde Group (NYSE:RYDE) 收到了 NYSE American 于 2025 年 10 月 24 日发出的 警告信，原因是在 2025 年 10 月 6 日（纽约）达成的重大交易在 2025 年 10 月 7 日交易前未予披露，违反了 NYSE American Company Guide 第 401(a) 条。NYSE Regulation 指出 2025 年 10 月 7 日出现异常的价格上涨和成交量，并表示根据交易所政策需要立即披露。
公司承认违规，表示将加强重大信息披露程序，并按照 Company Guide 的第 401(j) 条公开披露警告信。
- Company acknowledged the warning and accepted Exchange concerns
- Company committed to enhancing disclosure procedures
- Failed to disclose a material transaction entered on October 6, 2025 before trading on October 7, 2025
- Violation of Section 401(a) of the NYSE American Company Guide
- Unusual price and volume on October 7, 2025 triggered Exchange inquiry
Insights
Warning letter for late disclosure of a material transaction; company acknowledges and will strengthen disclosure procedures.
The Exchange identified unusual trading and a material transaction dated
Procedurally, this is a compliance breakdown tied to timing of disclosure rather than an allegation of fraud or other misconduct. The core business mechanism at issue is the company’s process for identifying and releasing material information promptly to the market; the Exchange’s immediate release policy requires disclosure before trading if the material event occurred prior to trading. The Company’s acknowledgment and stated plan to enhance dissemination procedures address the direct deficiency flagged by the Exchange.
Risks and dependencies include whether the enhanced procedures are implemented effectively and whether the Exchange seeks further action beyond a Warning Letter. Monitor for any subsequent correspondence or notices from NYSE American, updated internal disclosure policies filed publicly, and any corrective SEC filings. The most relevant near-term items to watch are any additional Exchange communications and the Company’s description of procedural changes or new controls in future filings or disclosures over the coming weeks.
SINGAPORE, SG / ACCESS Newswire / October 27, 2025 / Ryde Group Ltd (NYSE American:RYDE) ("Ryde" or the "Company"), a leading technology platform for mobility and quick commerce headquartered in Singapore, today announced it has received a warning letter from NYSE American LLC (the "Exchange") dated October 24, 2025 regarding the Company's compliance with Section 401(a) of the NYSE American Company Guide (the "Company Guide").
On October 7, 2025, NYSE Regulation staff noted a significant increase in RYDE's stock price and an unusually large volume of trading activity in the Company's stock. That day, NYSE Regulation staff contacted the Company to inquire whether the Company was aware of any information that could explain this activity. The Company responded to NYSE Regulation's inquiry late on the evening of October 7, 2025, indicating that they were not aware of any information that could have given rise to the unusual trading activity.
However, on October 9, 2025, the Company filed a Form 6-K with the Securities and Exchange Commission, which disclosed a material transaction that had been entered into on October 7, 2025 in Singapore (or October 6, 2025 in New York).
Because this material transaction was entered into on October 6, 2025, the Exchange's immediate release policy required the transaction to be disclosed before the commencement of trading on the Exchange on October 7, 2025. As such, the Company's failure to make an immediate public disclosure of the execution of the transaction agreement constitutes a violation of Section 401 of the Company Guide. In accordance with Section 1009(a)(i) of the Company Guide, NYSE Regulation is issuing this Warning Letter in response to that violation.
The Company acknowledges the Exchange's concerns and is taking steps to enhance its procedures for disseminating material information to ensure future compliance with the Company Guide.
In accordance with Section 401(j) of the Company Guide, the Company is disclosing this warning letter publicly.
About Ryde Group Ltd
Ryde is a super mobility app founded in Singapore and recognised 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
Safe Harbor Statement
This press release contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as "may," "should," "expects," "anticipates," "contemplates," "estimates," "believes," "plans," "projected," "predicts," "potential," or "hopes" or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement.
Forward-looking statements are only predictions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur.
Contacts
For Media Relations:
Media Team
Ryde Group Ltd
Email: media@rydesharing.com
For Investor Relations:
Investor Relations Team
Ryde Group Ltd
Email: investor@rydesharing.com
SOURCE: Ryde Group
View the original press release on ACCESS Newswire
FAQ
What did NYSE American warn Ryde (RYDE) about on October 24, 2025?
How did the timing of Ryde's Form 6-K filing relate to the NYSE warning for RYDE?
Does the warning letter for RYDE mean NYSE will delist the company?
What immediate risks does the NYSE warning create for Ryde shareholders (RYDE)?
Why did NYSE Regulation contact Ryde on October 7, 2025 about RYDE trading activity?
