Ryde Announces Pricing of US$14 Million Offerings - Comprising US$12 Million Private Placement and US$2 Million Registered Direct Offering
Core Points - Ryde Group Ltd has announced a private placement of 33,334,000 Class A ordinary shares and a registered direct offering of 5,556,000 Class A ordinary shares at an offering price of US$0.36 per share, totaling approximately US$14 million in gross proceeds before expenses [1] Group 1 - The company is a leading technology platform for mobility and quick commerce headquartered in Singapore [1] - The offerings did not involve any placement agent [1]