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Ryde Group Limited Class A ( (RYDE) ) has provided an announcement.
On December 3, 2025, Ryde Group Ltd announced it had entered into agreements for a US$14 million fundraising effort through a private placement and a registered direct offering of Class A ordinary shares. The private placement involves 33,334,000 shares, while the registered direct offering includes 5,556,000 shares, both priced at US$0.36 per share. The proceeds are intended for working capital and general corporate purposes. The registered direct offering was set to close on December 3, 2025, with the private placement expected to close on December 9, 2025. These offerings are anticipated to strengthen Ryde’s financial position and support its operations in the competitive mobility and quick commerce sectors.
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
Ryde Group Ltd, headquartered in Singapore, is a leading technology platform specializing in mobility and quick commerce. Known as the world’s first on-demand carpooling app since 2014, Ryde offers a comprehensive suite of services including carpooling, private hire, taxi, and delivery. The company is distinguished by its zero-commission policy for private-hire and taxi partners, allowing drivers to retain more of their earnings.
Average Trading Volume: 2,141,221
Technical Sentiment Signal: Hold
Current Market Cap: $21.27M
For detailed information about RYDE stock, go to TipRanks’ Stock Analysis page.