Key Highlights

  • Ryde Group said shareholders approved a 1-for-150 reverse split of Class A and Class B shares on September 29, 2026.
  • The 1-for-150 reverse split is to take effect on December 4, 2026, according to the filing.
  • Shareholders also approved new articles of association and an increase in the company's authorized share capital.
  • Six proposals passed at the extraordinary general meeting, including treatment of fractional entitlements and conditional adoption of fifth amended articles.

Ryde Group Ltd (NYSE American:RYDE) reported in a Form 6-K filed on September 29, 2026 that its shareholders approved a 1-for-150 reverse split of its Class A and Class B ordinary shares at an extraordinary general meeting held that day. The reverse split is to take effect on December 4, 2026.

Shareholders also approved new articles of association and an increase in the company's authorized share capital. Ryde, a Singapore-based company whose shares are listed on NYSE American under the symbol RYDE, files as a foreign private issuer.

The Resolutions

The extraordinary general meeting was convened on September 29, 2026 at 9:00 a.m. Singapore time, and the filing states that shareholders approved all of the proposals put forward by the board. There were six in total. The first was the adoption of a fourth amended and restated memorandum and articles of association. The second was an increase in the company's authorized share capital. The third was the reverse share split at a ratio of 1-for-150, applying to both the Class A and Class B ordinary shares, with an effective date of December 4, 2026.

The remaining three dealt with the mechanics. One concerned how fractional entitlements arising from the split will be handled, one was the conditional adoption of a fifth amended and restated memorandum and articles of association that takes effect upon implementation of the reverse split, and the last authorized the directors to carry out the actions approved.

The Filer and the Form

Ryde Group Ltd has its address at Duo Tower, 3 Fraser Street, #08-21, Singapore 189352, files under Commission file number 001-41950 and reports annual results on Form 20-F. Form 6-K is the report foreign private issuers use to furnish information they make public in their home country, file with an exchange or distribute to security holders. The report is signed by Zou Junming Terence, Chairman and Chief Executive Officer, on September 29, 2026.

A reverse split combines a number of existing shares into a smaller number of new ones, so that each new share represents multiple old shares. A 1-for-150 ratio means every 150 existing shares would become one share. Because both Class A and Class B shares are included, the reverse split applies to both classes of ordinary shares described in the filing.

Ryde's Road to the December 4 Reverse Split

The date given in the filing is December 4, 2026, the effective date of the reverse split. Between now and then, the company may furnish further announcements on the mechanics, including the treatment of fractional shares. The fifth amended and restated articles, which the filing says are conditional on the reverse split, would take effect only upon its implementation.