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Ryde Group inks at-the-market share sales deal for up to $96.4 million

PUBT·10/09/2026 20:08:06
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Ryde Group inks at-the-market share sales deal for up to $96.4 million
  • Ryde Group entered an at-the-market sales agreement with Arc Group Securities to sell Class A ordinary shares.
  • Program permits sales from time to time under its Form F-3 shelf registration statement.
  • Offering size set at up to USD 96.4 million in aggregate gross proceeds.
  • Agent compensation set at 2.5% of gross proceeds from each sale.
  • Proceeds earmarked for working capital and general corporate purposes, including potential acquisitions or investments.


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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-046514), on October 09, 2026, and is solely responsible for the information contained therein.