Ryde Group Limited Class A (RYDE) has released an update.
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Ryde Group Ltd has entered into a consulting agreement to leverage strategic, advisory, and planning services from a hired consultant, with the aim to enhance the company’s positioning and explore potential acquisition targets. The consultant will receive 375,000 Class A Ordinary Shares monthly for their part-time services and will report directly to the CEO. The agreement is set for an initial term of two months, with provisions for both parties to terminate the contract under specific conditions.
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