Ryde Group (RYDE) closes private sale of 37.25M Class A shares

Rhea-AI Filing Summary

Ryde Group Ltd reported that it has closed a previously announced private offering of its Class A ordinary shares. The company sold 37,250,000 Class A ordinary shares, each with a par value of US$0.0002, at an offering price of US$0.40 per share. The transaction was structured as a private offering and is not itself an offer or solicitation to sell securities in any jurisdiction where such activity would be unlawful without proper registration or qualification.

Insights

Capital markets analyst

Ryde raises capital via sizable private share sale.

Ryde Group Ltd completed a private offering of 37,250,000 Class A ordinary shares at US$0.40 per share. This adds new equity capital through a non-public transaction, likely involving institutional or accredited investors rather than a broad public sale.

The deal increases the company’s share count, which can dilute existing holders, but also strengthens its equity base. Specific uses of the funds, valuation context, and the investor mix are not detailed in this report, so the overall strategic impact depends on information that may appear in other disclosures.

Key Figures

Shares sold: 37,250,000 shares Offering price: US$0.40 per share Par value: US$0.0002 per share +1 more

4 metrics

Shares sold 37,250,000 shares Class A ordinary shares sold in private offering

Offering price US$0.40 per share Price for each Class A ordinary share in the offering

Par value US$0.0002 per share Par value of Class A ordinary shares

Filing month April 2026 Month referenced in the Form 6-K report

Key Terms

Form 6-K, foreign private issuer, private offering, Class A ordinary shares, +1 more

5 terms

Form 6-K regulatory

"FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER"

A Form 6-K is a report that companies listed in certain countries file to provide important updates, such as financial results, corporate changes, or other significant information, to regulators and investors. It functions like an official company update or news release, helping investors stay informed about developments that could affect their investment decisions.

foreign private issuer regulatory

"REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16"

A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.

private offering financial

"closed its previously announced private offering of 37,250,000 Class A ordinary shares"

A private offering is the sale of securities—such as shares or bonds—directly to a limited group of investors rather than through public markets or a broad auction. It matters to investors because it changes who owns the company and how much cash the business has available, which can dilute existing shareholders, affect share liquidity and price discovery, and signal strategic moves or funding needs; think of it as selling a batch of goods to a few trusted customers instead of opening a shop to everyone.

Class A ordinary shares financial

"37,250,000 Class A ordinary shares, par value US$0.0002 per share"

Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.

registration or qualification regulatory

"unlawful prior to the registration or qualification under the securities laws"

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.

Form 6-K: How Foreign Companies Report to the SEC →

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 April 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 ☐

Contents

On April 13, 2026, Ryde Group Ltd (the “Company”) closed its previously announced private offering of 37,250,000 Class A ordinary shares, par value US$0.0002 per share (the “Class A Ordinary Shares”), of the Company, at an offering price of US$0.40 per Class A Ordinary Share (the “Offering).

This report does not constitute an offer to sell, or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or 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 jurisdiction.

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: April 13, 2026	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 its April 2026 Form 6-K?

Ryde Group Ltd announced it closed a previously disclosed private offering of Class A ordinary shares. The company completed the sale of new equity securities to investors, documenting the transaction and confirming that the offering has been finalized as of the reported date.

How many shares did Ryde Group Ltd (RYDE) sell in the private offering?

Ryde Group Ltd sold 37,250,000 Class A ordinary shares in the private offering. These newly issued shares increase the company’s outstanding equity base and represent a substantial block of stock sold in a single private capital-raising transaction.

At what price were Ryde Group Ltd (RYDE) Class A shares sold in the offering?

The Class A ordinary shares of Ryde Group Ltd were sold at an offering price of US$0.40 per share. This fixed price applies to all 37,250,000 shares in the private transaction, defining the valuation at which new equity capital was raised from participating investors.

What type of transaction did Ryde Group Ltd (RYDE) use to raise capital?

Ryde Group Ltd used a private offering of Class A ordinary shares to raise capital. A private offering sells securities to selected investors rather than through a public market process, and it is subject to specific securities law registration and qualification requirements in each jurisdiction.

Does the Ryde Group Ltd (RYDE) Form 6-K itself offer or solicit the sale of securities?

The Form 6-K explicitly states it does not constitute an offer to sell or a solicitation to buy securities. It also notes that no sale may occur in any state or jurisdiction where such activity would be unlawful without proper registration or qualification under applicable securities laws.