Ryde Group Ltd (RYDE) closes private offering of 33,334,000 Class A ordinary shares
Rhea-AI Filing Summary
Ryde Group Ltd closed a previously announced private offering of its Class A ordinary shares. The company sold 33,334,000 Class A ordinary shares, each with a par value of US$0.0002, at an offering price of US$0.36 per share. Because the transaction was conducted as a private offering, the shares were sold without a public registration at the time of closing and remain subject to applicable securities laws and qualifications in relevant jurisdictions.
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Insights
Ryde Group raised equity privately by selling 33.3M Class A shares at US$0.36.
Ryde Group Ltd completed a private sale of 33,334,000 Class A ordinary shares at
The deal increases the number of Class A shares outstanding, which can dilute existing holders, although the exact extent depends on the company’s prior share count, which is not stated here. As a private offering, resale of these securities is constrained by applicable securities laws until any future registration or exemption conditions are met.
The closing on
FAQ
What did Ryde Group Ltd (RYDE) announce in this Form 6-K?
Ryde Group Ltd reported that it closed a previously announced private offering of its Class A ordinary shares. The company completed the sale of new shares to investors in a private transaction rather than through a public offering.
How many Ryde Group Ltd (RYDE) shares were sold in the private offering?
The company sold 33,334,000 Class A ordinary shares in the private offering. Each share is a Class A ordinary share with a par value of US$0.0002.
What was the offering price for Ryde Group Ltd (RYDE) Class A ordinary shares?
The Class A ordinary shares were sold at an offering price of US$0.36 per share. This is the price paid by investors participating in the private offering.
Is Ryde Group Ltd (RYDE) making a public offer or solicitation with this transaction?
No. The company states that this report does not constitute an offer to sell or a solicitation of an offer to buy the securities. Any sale must comply with applicable securities laws and required registrations or qualifications.
What type of shares did Ryde Group Ltd (RYDE) issue in this transaction?
Ryde Group Ltd issued Class A ordinary shares with a par value of US$0.0002 per share. These are the company’s Class A equity securities, which were sold in a private offering.
When did Ryde Group Ltd (RYDE) close the private share offering?
The private offering closed on December 9, 2025, as indicated by the company in the report and the signature block dated on that day.