Singapore-based mobility and quick commerce platform Ryde Group Ltd (NYSE: RYDE) filed its annual report on Form 20-F for the fiscal year ended December 31, 2025, with the US Securities and Exchange Commission on April 24, 2026.

The filing contains the company’s audited consolidated financial statements for the period. The document is publicly accessible via the SEC’s website and the company’s investor relations portal.

Filing Details

Ryde, listed on NYSE American, operates as a super mobility app offering carpooling, private hire, taxi, and delivery services. The company differentiates its business model by charging private-hire and taxi partners 0% commission, allowing drivers to retain their earnings.

Shareholders may request a hard copy of the annual report free of charge by contacting the Investor Relations Department at investor@rydesharing.com .

About Ryde Group Ltd

Founded in Singapore in 2014, Ryde is recognized as the world’s first on-demand carpooling app. The platform continues to expand its suite of mobility and logistics services across its operating regions.

Ryde Group Ltd (NYSE: RYDE) disclosed on September 18, 2026, that it faces a shareholder petition in the Grand Court of the Cayman Islands alongside an ongoing US securities class action. The Cayman proceeding seeks an order for the company to purchase the petitioner's shares at fair value or wind up the company.

The update arrives ahead of an extraordinary general meeting scheduled for September 29, 2026. Ryde stated the proceedings remain at an early stage with no findings made by the court. No liquidator has been appointed, and directors retain control of operations.

Cayman Islands Shareholder Petition

A shareholder presented a petition concerning corporate governance and share issuance matters. The principal relief sought is an order requiring Ryde to purchase the shareholder's remaining shares at fair value. Winding up the company is sought as alternative relief.

Ryde does not currently believe the Cayman proceedings are material to the business. The company will reassess this position if circumstances change materially. Operations and the ability to conduct business in the ordinary course have not been affected.

US Securities Class Action

Separately, a putative securities class action continues in the United States District Court for the Southern District of New York. The action covers purchasers of Ryde securities between March 6, 2024, and September 11, 2024. The deadline to apply for lead plaintiff status is November 9, 2026.

Securities firm Levi & Korsinsky previously reminded investors of the suit, which alleges Ryde and its top executives engaged in a fraudulent stock promotion scheme. The complaint identifies Chief Executive Officer Junming Terence Zou, Chief Financial Officer Chen Fei Lang, and four directors as control persons.

Allegations of Fraud

The lawsuit alleges insiders omitted critical information about manipulation risks inherent in Ryde’s low-float listing before the share price collapsed on September 11, 2024. Investigations cited in the complaint reveal impersonators claiming to be financial advisors touted Ryde in online forums using baseless claims.

Key allegations include:

• Insiders allegedly controlled SEC reports and press releases while omitting details of social media promotion campaigns.
• CEO Junming Terence Zou allegedly certified the 2023 Form 20-F, repeating the "Super mobility app" description while omitting promotion campaign details.
• Directors allegedly had the opportunity to prevent or correct challenged reports but issued no cautionary statements despite observable price swings.

Ryde intends to engage litigation counsel and actively defend the action.

Stock Price Context

The lawsuit highlights a divergence between market performance and fundamental changes. Ryde’s IPO price was $4.00. During the alleged promotion, the share price rose to $22.49 without corresponding operational updates. On September 11, 2024, the stock fell approximately 75% to $5.50 and has since declined to approximately $0.50.

What the Numbers Show

The data reveals severe value destruction concentrated after the initial crash. The stock lost roughly 97% of its peak value ($22.49 to $0.50) following the September 11 drop. This indicates that the majority of investor losses occurred after the initial 75% decline, suggesting sustained selling pressure or lack of buyer interest post-collapse.