# EDGAR Filing Document

**Accession Number:** 0001971115
**File Stem:** 0001493152-25-017685
**Filing Date:** 2025-10
**Character Count:** 5497
**Document Hash:** 22832d02754a0414b685f1e3ca208a08
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-25-017685.hdr.sgml**: 20251010

**ACCESSION NUMBER**: 0001493152-25-017685

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251010

**FILED AS OF DATE**: 20251010

**DATE AS OF CHANGE**: 20251010

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ryde Group Ltd
- **CENTRAL INDEX KEY:** 0001971115
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-BUSINESS SERVICES, NEC [7389]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-41950
- **FILM NUMBER:** 251386221

**BUSINESS ADDRESS:**
- **STREET 1:** DUO TOWER, FRASER STREET, #08-21
- **CITY:** SINGAPORE
- **STATE:** U0
- **ZIP:** 189352
- **BUSINESS PHONE:** 1 800 564 0362

**MAIL ADDRESS:**
- **STREET 1:** DUO TOWER, FRASER STREET, #08-21
- **CITY:** SINGAPORE
- **STATE:** U0
- **ZIP:** 189352

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 6-K**

**REPORT OF FOREIGN PRIVATE ISSUER**

**PURSUANT TO RULE 13a-16 OR 15d-16**

**UNDER THE SECURITIES EXCHANGE ACT OF 1934**

**For the month of October 2025**

**Commission File Number: 001-41950**

**Ryde Group Ltd**

**Duo Tower, 3 Fraser Street, #08-21**

**Singapore 189352**

**+65-9665-3216**

**(Address of principal executive offices)**

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☒ Form 40-F ☐

**Issuance of Class B Ordinary Shares**

On October 10, 2025, the Board of Directors of Ryde Group Ltd (the "**Company**") has approved a strategic issuance of Class B Ordinary Shares to its Founder, Chairman, and Chief Executive Officer, Mr. Terence Zou, to accelerate the execution of the Company's Ryde 2.0 transformation plan.

This initiative underscores the Board's strong confidence in Ryde's leadership and its bold pivot toward electric vehicles (EVs), fleet leasing, and new strategic partnerships that will strengthen recurring revenues, capital efficiency, and sustainability outcomes. These efforts form the cornerstone of Ryde 2.0, the Company's next-generation mobility platform integrating ride-hailing, EV leasing, autonomous vehicle pilots, and digital asset initiatives.

Under this plan, on October 10, 2025, the Board of Directors approved the issuance of 2,000,000 Class B Ordinary Shares to Mr. Terence Zou in recognition of his significant contribution to the successful completion of the recent US$1.6 million Registered Direct Offering, a key step in reinforcing the Company's capital base and positioning Ryde for its next phase of growth.

The Board has further authorized the allotment and issuance of up to 30,000,000 additional Class B Ordinary Shares to Mr. Terence Zou, tied to performance-based milestones aligned with Ryde's long-term value creation goals:

(a) the
 allotment and issuance of 28,000,000 Class B Ordinary Shares is contingent upon the successful
 completion of the Company's planned US$40 million fundraising by June 30, 2026, directly
 supporting Ryde 2.0's growth and financing roadmap, including EV fleet expansion and
 leasing operations; and

(b) the
 allotment and issuance of 2,000,000 Class B Ordinary Shares is contingent upon confirmation
 that the Company's revenue growth in the first half of 2025 exceeds 20% compared to
 the same period in 2024.

This structure aligns leadership incentives with shareholder outcomes, linking equity rewards to measurable execution and tangible business performance.

The Company's share capital is divided into Class A Ordinary Shares and Class B Ordinary Shares. Holders of Class A Ordinary Shares are entitled to one vote per share, while holders of Class B Ordinary Shares are entitled to 10 votes per share. After the issuance of 2,000,000 Class B Ordinary Shares, Mr. Terence Zou will beneficially own an aggregate 7,177,175 Class B Ordinary Shares, which will constitute approximately 9.5% of the Company's total issued and outstanding share capital and approximately 51.1% of the aggregate voting power, assuming the Company's total issued and outstanding share capital is 75,901,826 Ordinary Shares, comprising 68,724,651 Class A Ordinary Shares and 7,177,175 Class B Ordinary Shares. Subsequently, upon the achievement of performance-based milestones and the issuance of all 30,000,000 Class B Ordinary Shares, Mr. Terence Zou will beneficially own an aggregate 37,177,175 Class B Ordinary Shares, which will constitute approximately 35.1% of the Company's total issued and outstanding share capital and approximately 84.4% of the aggregate voting power, assuming the Company's total issued and outstanding share capital is 105,901,826 Ordinary Shares, comprising 68,724,651 Class A Ordinary Shares and 37,177,175 Class B Ordinary Shares. The Class B Ordinary Shares are not listed on the NYSE American market.

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

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| | | |
|:---|:---|:---|
|  | **Ryde Group Ltd** | **Ryde Group Ltd** |
| Date: October 10, 2025 | By: | */s/ Zou Junming Terence* |
|  | Name: | Zou Junming Terence |
|  | Title: | Chairman of the Board of Directors and Chief Executive Officer |

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