Ryde Group Ltd Announces $14 Million Offerings, Closes on December 3 and 9, 2025

Ryde Group Ltd has announced the pricing of a US$14 million offering, consisting of a US$12 million private placement and a US$2 million registered direct offering. The company plans to use the net proceeds for working capital and general corporate purposes. The offerings are expected to close on December 3, 2025, and December 9, 2025, respectively, subject to customary closing conditions.