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Ryde Group Ltd Completes Private Offering of Class A Shares

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Ryde Group Ltd Completes Private Offering of Class A Shares

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An announcement from Ryde Group Limited Class A ( (RYDE) ) is now available.

On December 9, 2025, Ryde Group Ltd successfully concluded a private offering of 33,334,000 Class A ordinary shares at a price of US$0.36 per share. This transaction marks a significant step in the company’s financial strategy, potentially enhancing its market position and providing additional capital for future endeavors.

The most recent analyst rating on (RYDE) stock is a Hold with a $0.51 price target. To see the full list of analyst forecasts on Ryde Group Limited Class A stock, see the RYDE Stock Forecast page.

Spark’s Take on RYDE Stock

According to Spark, TipRanks’ AI Analyst, RYDE is a Neutral.

The overall stock score for Ryde Group Limited Class A is primarily impacted by its weak financial performance, characterized by negative profitability and high leverage. Technical analysis provides some support with positive short-term trends, but the valuation remains unattractive due to negative earnings. The absence of earnings call data and corporate events means these factors do not influence the score.

To see Spark’s full report on RYDE stock, click here.

More about Ryde Group Limited Class A

Average Trading Volume: 2,133,713

Technical Sentiment Signal: Hold

Current Market Cap: $19.79M

Find detailed analytics on RYDE stock on TipRanks’ Stock Analysis page.

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