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Ryde Group shareholders approve 1-for-150 share split

The approved package also includes an increase in authorized share capital and governing-document changes tied to the split's effective time.

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Form Type
6-K

Rhea-AI Filing Summary

Ryde Group Ltd shareholders approved a 1-for-150 reverse share split of the Class A and Class B ordinary shares, to be effected on December 4, 2026. The approved proposals also include an increase in authorized share capital, treatment of fractional entitlements, and adoption of amended and restated governing documents, with the fifth version taking effect when the split becomes effective.

Reverse share split ratio 1-for-150 Approved for the Class A and Class B ordinary shares
Reverse share split effective date December 4, 2026 Date the approved split is to be effected
Extraordinary general meeting date September 29, 2026 Shareholders approved the proposals at the meeting
reverse share split technical
"reverse share split of the Company’s Class A ordinary shares and Class B ordinary shares"
A reverse share split is when a company reduces the number of its shares outstanding by combining multiple shares into one, effectively increasing the price of each share. For investors, this can help improve the company's image or meet stock exchange listing requirements, but it does not change the total value of their investment. It’s similar to turning many small pieces of a puzzle into fewer larger pieces—nothing new is added or lost, just rearranged.
authorized share capital financial
"an increase in the Company’s authorized share capital"
The maximum number of shares a company is legally allowed to issue according to its governing documents. Think of it as the size of the blank checkbook a company keeps for selling ownership stakes: it sets an upper limit but does not mean all shares are in circulation. Investors care because a larger authorized amount makes it easier for the company to raise money or grant stock-based pay, which can dilute existing holdings and affect control and value per share.
fractional entitlements technical
"related treatment of fractional entitlements resulting from the reverse share split"
Fractional entitlements occur when a corporate action (like a dividend, stock split, rights offering or consolidation) would give a shareholder a non-whole share or security — for example, 0.5 of a share. Companies typically settle these fractions by paying a small cash amount or rounding up/down, and this matters to investors because it changes cash balances, can slightly alter ownership percentages, and may have small tax and record-keeping implications, much like receiving change after splitting a bill.
memorandum and articles of association regulatory
"adoption of the fourth amended and restated memorandum and articles of association"
Memorandum and articles of association are the founding legal documents of a company: the memorandum sets out the company’s basic purpose and scope, while the articles act as its internal rulebook detailing how the company is run, who has what powers, and how decisions are made. For investors these documents matter because they define ownership rights, voting rules, limits on activities, and procedures for major changes—like a contract and rulebook that determine how their investment can be used and protected.
Split Ratio 1-for-150 reverse split
Effective Date December 4, 2026

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What reverse split did RYDE shareholders approve, and when does it take effect?

RYDE shareholders approved a 1-for-150 reverse share split of the Class A and Class B ordinary shares, to be effected on December 4, 2026.

What other proposals did RYDE shareholders approve?

Shareholders approved the fourth amended and restated memorandum and articles of association, an increase in authorized share capital, treatment of fractional entitlements, and conditional adoption of the fifth amended and restated memorandum and articles of association effective at the reverse split's effective time.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

 

 

 

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 2026

 

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 ☐

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐

 

 

 

 

 

 

INFORMATION CONTAINED IN THIS FORM 6-K REPORT

 

Ryde Group Ltd (the “Company”) today announced that the proposed resolutions submitted for shareholder approval have been duly adopted at its extraordinary general meeting of shareholders (the “EGM”) held on September 29, 2026, at 9:00 a.m. Singapore time. Each of the proposals considered at the EGM is described in further detail in the notice of the EGM, which was furnished to the U.S. Securities and Exchange Commission as Exhibit 99.1 to the Company’s report on Form 6-K furnished on August 21, 2026.

 

Results of the EGM

 

Shareholders of the Company approved all proposals submitted by the Board of Directors, including the following: (i) the adoption of the fourth amended and restated memorandum and articles of association of the Company, (ii) an increase in the Company’s authorized share capital, (iii) a reverse share split of the Company’s Class A ordinary shares and Class B ordinary shares at a ratio of 1-for-150, to be effected on December 4, 2026, (iv) the related treatment of fractional entitlements resulting from the reverse share split, (v) the conditional adoption of the fifth amended and restated memorandum and articles of association with effect from the effective time of the reverse share split, and (vi) the general authorization for the directors to implement the foregoing.

 

 

 

 

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 29, 2026 By: /s/ Zou Junming Terence
  Name: Zou Junming Terence
  Title: Chairman of the Board of Directors and Chief Executive Officer

 

 

 

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