Ryde Group Ltd. has announced a registered direct offering, raising approximately US$1.6 million through the sale of 6,422,000 Class A shares at a price of US$0.25 per share. The offering, conducted without a placement agent, is intended to support the company's working capital and general corporate purposes. The transaction is set to close around September 10, 2025, contingent on customary closing conditions. The offering is being made under an effective shelf registration statement on Form F-3 filed with the U.S. Securities and Exchange Commission.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ryde Group Ltd. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1071092) on September 10, 2025, and is solely responsible for the information contained therein.
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