Ryde Group (RYDE) prices US$1.6M registered direct stock offering at US$0.25

Rhea-AI Filing Summary

Ryde Group Ltd entered into a securities purchase agreement for a registered direct offering of 6,422,000 Class A common shares at US$0.25 per share.

The transaction is expected to raise approximately US$1.6 million in gross proceeds for the company, with closing anticipated on or about September 10, 2025, subject to customary conditions, under an effective Form F-3 shelf registration.

Insights

Equity Capital Markets Analyst

Ryde raises about US$1.6M through a small registered direct equity sale.

Ryde Group Ltd agreed to sell 6,422,000 Class A shares at US$0.25 each in a registered direct offering to several investors. Gross proceeds are expected to be approximately US$1.6 million, providing additional capital under an already effective Form F-3 registration statement.

This type of offering uses an at-the-market pricing framework under NYSE American rules, so the price closely reflects recent trading levels. The filing does not detail the use of proceeds or compare the raise size to existing capitalization, so the overall impact on the business and dilution cannot be assessed from this excerpt alone.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of September 2025

Commission File Number: 001-41950

Ryde Group Ltd

Duo Tower, 3 Fraser Street, #08-21

Singapore 189352

+65-9665-3216

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☒ Form 40-F ☐

Contents

On September 8, 2025, Ryde Group Ltd (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with several investors (the “Investors”), pursuant to which the Company agreed to issue and sell to the Investors, in a registered direct offering 6,422,000 Class A shares, par value US$0.0002 per Class A share (a “Common Share”), of the Company, at an offering price of US$0.25 (the “Offering”). The Offering is expected to close on or about September 10, 2025, subject to the satisfaction of customary closing conditions.

The Common Shares described above are being offered and sold pursuant to a registration statement on Form F-3 (File No. 333-288587), which was initially filed with the Securities and Exchange Commission (the “Commission”) on July 9, 2025 and was declared effective by the Commission on September 2, 2025.

The aggregate gross proceeds to the Company from the Offering, before deducting estimated expenses payable by the Company, will be approximately US$1.6 million.

Attached to this report on Form 6-K as Exhibit 99.2 is a copy of the Securities Purchase Agreement.

Attached to this report on Form 6-K as Exhibit 99.1 is a copy of the press release of the Company dated September 10, 2025 titled “Ryde Announces Pricing of US$1.6 Million Registered Direct Offering Priced At-the-Market- Under NYSE American Rules”.

EXHIBIT INDEX

Exhibit No.		Description
5.1		Opinion of Harney Westwood & Riegels Singapore LLP regarding the validity of the securities being registered and certain Cayman Islands legal matters
23.3		Consent of Harney Westwood & Riegels Singapore LLP (included in Exhibit 5.1)
99.1		Press release dated September 10, 2025
99.2		Form of Securities Purchase Agreement

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	Ryde Group Ltd
Date: September 10, 2025	By:	/s/ Zou Junming Terence
	Name:	Zou Junming Terence
	Title:	Chairman of the Board of Directors and Chief Executive Officer

FAQ

What did Ryde Group Ltd (RYDE) announce in this 6-K filing?

Ryde Group Ltd announced a securities purchase agreement for a registered direct offering of 6,422,000 Class A shares at US$0.25 each, raising approximately US$1.6 million in gross proceeds, with closing expected around September 10, 2025, subject to customary conditions.

How many shares is Ryde Group Ltd (RYDE) selling and at what price?

Ryde Group Ltd is selling 6,422,000 Class A common shares at an offering price of US$0.25 per share. This registered direct transaction is pursuant to an effective Form F-3 shelf registration, resulting in expected gross proceeds of about US$1.6 million before expenses.

How much capital will Ryde Group Ltd (RYDE) raise from this offering?

Ryde Group Ltd expects to raise approximately US$1.6 million in aggregate gross proceeds from selling 6,422,000 Class A shares at US$0.25 each. This figure is before deducting estimated expenses payable by the company related to the transaction.

When is Ryde Group Ltd’s (RYDE) registered direct offering expected to close?

The registered direct offering by Ryde Group Ltd is expected to close on or about September 10, 2025. Completion is subject to the satisfaction of customary closing conditions agreed in the securities purchase agreement with the participating investors.

Under what registration statement is Ryde Group Ltd (RYDE) conducting this offering?

Ryde Group Ltd is conducting the offering under a registration statement on Form F-3, File No. 333-288587. This shelf registration was initially filed on July 9, 2025, and was declared effective by the U.S. Securities and Exchange Commission on September 2, 2025.

What additional documents are attached to Ryde Group Ltd’s (RYDE) 6-K?

The 6-K includes the securities purchase agreement, a legal opinion from Harney Westwood & Riegels Singapore LLP on the validity of the securities, their related consent, and a press release dated September 10, 2025 describing the pricing of the US$1.6 million registered direct offering.