IPO - Ryde Group Ltd

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Form Type: F-3

Filing Date: 2025-07-09

Corporate Action: Ipo

Type: New

Accession Number: 000164117225018401

Filing Summary: Ryde Group Ltd filed a registration statement for a combined shelf registration under the Securities Act of 1933. The company intends to offer and sell up to US$100,000,000 worth of securities, including Class A Ordinary Shares, debt securities, warrants, rights, or units, in multiple offerings. This filing also serves to convert a previously filed registration statement on Form F-1 and includes a resale of 8,030,738 Class A Ordinary Shares held by the Octava Fund Limited. The company briefly recounts its recent developments, including its IPO completed in March 2024, where it sold 3,000,000 Class A Ordinary Shares at US$4.00 per share and received approximately US$12 million in gross proceeds. Additionally, it details regulatory compliance as an emerging growth company, aiming to maximize market opportunities by maintaining a strategic focus on both mobility and quick commerce services.

Additional details:

Approximate Date Of Commencement Of Sale: as soon as practicable after the effective date


Offering Amount: up to US$100,000,000


Class A Ordinary Shares Offered By Selling Shareholder: 8,030,738


Date Of Previous Registration Statement: September 25, 2024


Form Type Previous Statement: F-1


Total Outstanding Class A Shares: 14,900,000


Last Reported Price Per Share: US$0.32


Market Value Class A Shares: US$4.768 million


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