Ryde Group Ltd To Start Trading Tomorrow
Portfolio Pulse from Benzinga Insights
Ryde Group Ltd (NYSE:RYDE) is set to start trading on the NYSE exchange under the ticker RYDE on November 03. The company is offering shares at an expected price between $4.00 and $5.00 per share with an insider lock-up period of 180 days ending on May 01, 2024.
November 02, 2023 | 3:00 pm
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Ryde Group Ltd's IPO is set to take place on November 03. The shares are expected to be priced between $4.00 and $5.00 with an insider lock-up period of 180 days.
The IPO of Ryde Group Ltd is a significant event for the company. The pricing of the shares and the insider lock-up period are key factors that could influence the stock's performance in the short term. Given the company's focus on technology and mobility, there could be significant interest in the IPO, potentially driving the stock price up.
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